1523 Main Street E, Hamilton, Ontario

$599,900

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1,998

Square feet

0.07

Acres

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:36535)

Features of 1523 Main Street E

Listing # 40859979
Price $599,900
Bathrooms 0.00
Square Footage 1,998
Acres 0.07
Type Other
Sub-Type Freehold

Community Information

Address 1523 Main Street E
Subdivision 231 - Homeside
City Hamilton
Province Ontario
Postal Code L8K1E4

Amenities

Amenities Hospital, Public Transit
Utilities Electricity
Features Southern exposure
Parking Spaces 6
Parking Attached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full

Exterior

Exterior Brick

Listing Details

OfficeCourtesy Of Real Broker Ontario Ltd.

Listing Map