Retail Commercial Building for Sale

MLS# H4123380 Price: $1,149,900




Property Description

Central 2-story mixed-use space maximizes multiple revenue streams including residential rent, commercial rent, and advertising income, making this a diverse investment for a savvy investor. This property has been impeccably managed for the last 30 years ensuring low maintenance, low fixed expenses, and top dollar market rent for the new owners. Potential upside still exists in the basement where the current owners use this space as an office. Additionally, favourable zoning makes this a desirable piece of real estate for future development. The location offers a trendy and vibrant atmosphere with close proximity to parks, trendy shops, schools, major bus routes, and highway access making it desirable for both residential and commercial tenants. Updated in 2020-2021:Main floor residential unit, commercial unit, furnace, A/C, backwater valve. Signage on the roof generating additional passive income.

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What's your Walk Score? 66 Somewhat Walkable

What's your Transit Score? 59 Good Transit

Property Details: 1465 MAIN Street E (near KENILWORTH AV & MAIN )
Listing# 46607


Location

Address 1465 MAIN Street E
City Hamilton
Cross Streets KENILWORTH AV & MAIN
District Hamilton East (23)
Neighbourhood Homeside (231)
Listing Agent Robert Kasowski

Description

Sub Type Retail Price $ 1,149,900
Lease Rate Per For Sale Approx. Age 51-99 Years
Location Hamilton Heating Gas Forced Air Open
Square Footage 3718

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