1465 Main Street E Hamilton, Ontario L8K 1C5
$1,149,900
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. (id:48277)
Property Details
| MLS® Number | H4123380 |
| Property Type | Retail |
| Parking Space Total | 3 |
Building
| Appliances | Dryer, Refrigerator, Stove, Washer & Dryer |
| Basement Type | None |
| Cooling Type | Air Conditioned |
| Fire Protection | Fire Alarm System, Smoke Detectors |
| Heating Type | Forced Air |
| Size Exterior | 3718 Sqft |
| Size Interior | 3718 Sqft |
| Type | Commercial Mix |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | 33.99 X 100 |
| Size Total Text | 33.99 X 100 |
https://www.realtor.ca/real-estate/23896551/1465-main-street-e-hamilton
Robert Kasowski
Salesperson
(905) 664-2300
860 Queenston Road Suite A
Stoney Creek, Ontario L8G 4A8
(905) 545-1188
(905) 664-2300
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December 18 2021 09:05:45
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.