1 / 251523 MAIN Street E
Hamilton, Ontario, L8K1E4
$599,900
Living area
1,998 square feet
Parking
6
Lot size
0 acres
About this property
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:66779)
Details
- Sewer
- Municipal sewage system
- List aor
- Cornerstone
- Stories
- 2
- Basement
- Full
- Utilities
- Electricity
- Directions
- NE corner of Main St E and Tragina Ave N
- Fireplace
- No
- Lot features
- Southern exposure
- Water source
- Municipal water
- Structure type
- Residential Commercial Mix
- Parking features
- Attached Garage
- Tax annual amount
- 8,019
- Exterior features
- Brick
- Security features
- Security system
- Community features
- High Traffic Area
- Lot size dimensions
- 0.07
- Zoning description
- TOC1
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