1523 MAIN STREET E, Hamilton (Homeside), Ontario, L8K1E4
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:2471)
McConkey Real Estate Corp. Brokerage
- 705-768-8865
- 705-745-4321
- 705-745-4324
- jcsullivan3@yahoo.ca
- Property Address: 1523 MAIN STREET E, Hamilton (Homeside), Ontario, L8K1E4
- Community Name: Homeside
- Property Type: Retail
- Zoning Description: TOC1
- Lot Size: Bldg=32.05 x 100 FT
- Acreage: Bldg=32.05 x 100 FT
- Water Type: Municipal water
- Driveway: Other
- Structure Style: Residential Commercial Mix
- Floor Space: 1998 sqft
- Heating Type: Natural gas, Forced air
- Cooling: Partially air conditioned
Listing Office: REAL BROKER ONTARIO LTD.
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