1523 Main Street E, Hamilton (Homeside), Ontario

$499,900

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1,998

Square feet

About 1523 Main Street E

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. (id:6289)

Features of 1523 Main Street E

Listing # X13750588
Price $499,900
Square Footage 1,998
Type Retail
Sub-Type Residential Commercial Mix

Community Information

Address 1523 Main Street E
Subdivision Homeside
City Hamilton (Homeside)
Province Ontario
Postal Code L8K1E4

Amenities

Parking Other
Garages Other
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Partially air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=32.05 x 100 FT

Listing Details

OfficeREAL BROKER ONTARIO LTD.

Listing Map

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