542 HIGHWAY 8, Stoney Creek, Ontario L8G4T4
Listing courtesy of Royal LePage State Realty Inc..
- $3,999,850
- 7,227
- SqFt
- List Price
- $3,999,850
- MLS®
- 40859891
- Days on Market
- 0
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- Retail
- Living Area
- 7,227
- Lot Size Dimensions
- 0.942
- Lot Size
- 41,033
- Subdivision
- 052 - Stoney Creek Escarpment
Property Description
Rare investment opportunity in the heart of Stoney Creek! Positioned near a high-visibility, very busy intersection with impressive frontage on high-traffic Highway 8, this premier commercial automotive hub at 542-548 Highway 8 offers an exceptional turnkey asset with significant future development upside. The property features a diversified mix of 9 established professional tenancies under a net lease structure, offering excellent local synergy close to businesses and established residential neighborhoods. A clean Phase I Environmental Site Assessment was completed in May 2026. Logistically prime, the site is just a short drive to the QEW and major highway networks, making it highly accessible for customers and ideal for future transit-oriented uses. Under current C2 – Commercial zoning, preliminary architectural visions explore the potential for a landmark 6-story mid-rise development, conceptually designed for ground-floor retail and up to 106 residential units. Fully serviced by municipal water and sanitary systems, this is a versatile asset in one of Hamilton’s most sought-after commercial corridors. (id:5764)
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Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- 052 - Stoney Creek Escarpment
- Parking Spaces
- 65
- Construction Materials
- Concrete block, Concrete Walls
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- High Traffic Area
- Lot Features
- Visual exposure
- Stories
- 1
- Lot Size
- 41,033
