716 Main Street E, Hamilton, Ontario L8M 1K9

Listed for:
$1,100,000
0 beds
0 baths
Listed 26 days ago
Residential Commercial Mix for rent: 716 Main Street E, Hamilton, Ontario L8M 1K9

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About

Wentworth St S to Main St E Here is a rare chance to own a freestanding retail building on a highly visible corner in Hamilton. Set at the southeast corner of Main Street East and St. Clair Avenue, this well-maintained, single-storey building offers 1,676 sq ft of main floor retail space plus approximately 1,200 sq ft of basement storage, all on a 0.20-acre lot with C2 zoning. Parking is a standout feature, with 15 on-site spaces making it easy for customers to come and go, an advantage few properties along Main Street East can offer. The space is purpose-built for restaurant use and features a functional layout, great natural light, two ground floor washrooms, furnace and central air, and LED and pot lighting throughout. The property is currently leased and generates a top line income of $6,000 per month, or $72,000 per year. With a single tenant in place, it offers a simple, low-maintenance investment that delivers reliable cash flow from day one. The setting supports long-term success, with established residential neighbourhoods on all sides delivering steady daily traffic, public transit along Main Street East and convenient access to Highway 403 and the QEW. Opportunities to secure a standalone building with this much parking in Hamilton do not come along often. Whether you are growing your portfolio or making your first commercial investment, 716 Main Street East is an opportunity worth a closer look. (id:27476)

Property Highlights

MLS® Number
40871131
Type
Other
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
15

Building

Building Type
Residential Commercial Mix
Storeys
2.00
Square Footage
1676 sqft
Amenities
Public Transit
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:
Keller Williams Edge Realty
MLS® number:
40871131
Agent:
Ryan Urban
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Street Spotlight - For sale