1439 MAIN STREET E, Hamilton, Ontario, L8K 1C4

MLS® # X13002934

Commercial For Sale In Homeside, Hamilton, Ontario

$648,900

None Beds

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1439 MAIN STREET E, Hamilton, Ontario, L8K 1C4

$648,900

Property Information:

Opportunity to acquire a mixed-use property in Hamilton's evolving downtown east end with both commercial and residential components in place. The main floor is leased to a commercial tenant on a 3-year term at $1,900/month + HST and additional expenses, while the upper residential unit is leased at $2,300/month + utilities on a 2-year term. The property is fully stabilized, and it offers immediate income with clear upside potential through lease optimization and future rent growth. Positioned along Main St. E, the asset benefits from strong visibility, steady traffic, and long-term appreciation drivers, including the planned LRT line directly along the corridor. Current income provides a solid foundation for investors looking to add value and increase returns over time. With both units tenanted and contributing to carrying costs, this is an ideal opportunity for investors seeking a mix of in-place cash flow and future upside in a rapidly developing pocket of Hamilton. (id:27)

Building Features:

Style: Retail
Air Conditioning: Yes
Floor Space: 1450 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned

Property Features:

Property Type: Retail
Floor Space (approx): 1450 Square Feet
Irregular: Yes
Lot Depth: 80 Feet
Lot Frontage: 19.3 Feet
Lot Size: 19.36 x 80 FT
Zoning: TC01

Courtesy of: RARE REAL ESTATE

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