1523 Main Street E, Hamilton, Ontario L8K 1E4

Listed for:
$499,900
0 beds
0 baths
Listed 27 days ago
Residential Commercial Mix for rent: 1523 Main Street E, Hamilton, Ontario L8K 1E4

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About

NE corner of Main St E and Tragina Ave N 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:27476)

Property Highlights

MLS® Number
40859979
Type
Other
Ownership Type
Freehold
Land Size
0.07 ac|under 1/2 acre
Parking Space Total
6

Building

Building Type
Residential Commercial Mix
Storeys
2.00
Square Footage
1998 sqft
Amenities
Hospital, Public Transit
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Real Broker Ontario Ltd.
MLS® number:
40859979
Agent:
Michael K. Johnson
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