1523 Main Street
Hamilton, L8K 1E4
FOR SALE
$499,900
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Store W Apt/Office
CATEGORY 1,007 Sq Ft
OFFICE/APT AREA X13750588
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Property Description
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.
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Property Details
Address
1523 Main Street
Community
City
Postal Code
L8K 1E4
Property Type
Store W Apt/Office, Store W Apt/Office
Use
Store With Apt/Office
Zoning
TOC1
Lot Size
32' x 100'
Office Area
1,007 Sq Ft
Retail Area
991 Sq Ft
Taxes
$8,019 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
Other
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Listing contracted with Real Broker Ontario Ltd.
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