1523 MAIN Street East, Hamilton, Ontario L8K1E4
Listing courtesy of Real Broker Ontario Ltd..
- $599,900
- 1,998
- SqFt
- List Price
- $599,900
- MLS®
- 40859979
- Days on Market
- 0
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- Other
- Living Area
- 1,998
- Lot Size Dimensions
- 0.07
- Lot Size
- 3,049
- Subdivision
- 231 - Homeside
Property Description
An exceptional mixed-use investment opportunity, this high-yield commercial asset combines immediate cash flow, revenue diversification, and long-term capital appreciation. Positioned directly on the proposed Light Rail Transit (LRT) corridor, the property is anchored by a popular neighborhood pub featuring an inviting outdoor patio that serves as a major revenue driver during warmer months. Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator. At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion. The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking. Backed by flexible multi-use zoning and a prime transit-oriented location, this versatile asset delivers strong holding income today alongside significant future redevelopment upside. (id:5764)
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Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- 231 - Homeside
- Parking Spaces
- 6
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- High Traffic Area
- Lot Features
- Southern exposure
- Stories
- 2
- Lot Size
- 3,049
