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949 E MAIN Street E, Hamilton, Ontario, L8M 1M9

MLS® # 40838050
new listing
Commercial For Sale In Stipeley, Hamilton, Ontario
$1,200,000

None Beds

Two-story commercial building featuring a white brick facade - 949 E Main Street E, Hamilton, ON
Room featuring dark wood-finish flooring, light tan walls, and white baseboards - 949 E Main Street E, Hamilton, ON
Kitchen featuring white cabinetry, tile flooring, a double basin stainless steel sink, and a tiled backsplash - 949 E Main Street E, Hamilton, ON
949 E Main Street E, Hamilton, ON
Two-story commercial building featuring a white brick facade - 949 E Main Street E, Hamilton, ON
Room featuring dark wood-finish flooring, light tan walls, and white baseboards - 949 E Main Street E, Hamilton, ON
Kitchen featuring white cabinetry, tile flooring, a double basin stainless steel sink, and a tiled backsplash - 949 E Main Street E, Hamilton, ON
949 E Main Street E, Hamilton, ON
  • Advertising
949 E MAIN Street E, Hamilton, Ontario, L8M 1M9
$1,200,000

Property Information:

Exceptional investment opportunity in Hamilton's rapidly revitalizing East End, just west of Gage Park. This well-maintained mixed-use property offers a strong income-generating setup with a main-floor commercial unit and two spacious 3-bedroom residential apartments on the second level. Strategically positioned near the transformative Steelport redevelopment by Slate Asset Management, one of the largest redevelopment initiatives in the region. This multi-billion-dollar project is expected to drive substantial economic growth, create thousands of jobs, attract new businesses, and strengthen long-term demand for both commercial and residential real estate. Investors will appreciate the property's mixed-use configuration, multiple income streams, and location within a corridor poised for significant appreciation and future redevelopment potential. Ideal for investors seeking stable cash flow today with strong upside potential for tomorrow. Rare opportunity to acquire a well-located asset in one of Hamilton's emerging growth corridors. Please do not attend the property directly or disturb tenants. All showings require a minimum of 24 hours' notice. (id:27)

Building Features:

  • Style: Retail
  • Building Type: Retail
  • Basement Type: None
  • Exterior Finish:
  • Floor Space: 4200 sqft

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Amenities Nearby: Public Transit
  • Community Features: High Traffic Area
  • Features: Southern exposure
  • Floor Space (approx): 4200 Square Feet
  • Irregular: Yes
  • Lot Depth: 90 Feet
  • Lot Frontage: 45 Feet
  • Lot Size: 0.09 Acres
  • Utility Type: Natural Gas - Available, Hydro - Available
  • Zoning: C2 zoning
  • Sewer: Municipal sewage system

Courtesy of: Right at Home Realty

REALTOR.ca  

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Location of 949 E MAIN Street E, Hamilton, Ontario, L8M 1M9

Demographic Information of 949 E MAIN Street E, Hamilton, Ontario, L8M 1M9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,403.38

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.9 %

High school certificate or equivalent

29.51 %

Apprenticeship trade certificate/diploma

6.01 %

College/non-university certificate

24.76 %

University certificate (below bachelor)

0.89 %

University Degree

18.94 %

Commuter

Travel To Work

By Car

74.46 %

By Public Transit

13.23 %

By Walking

7.41 %

By Bicycle

0.01 %

By Other Methods

4.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.24 %

Houses

59.76 %

Own Vs. Rent

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