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Listed by Ryan Urban • Keller Williams Edge Realty
$ 1,100,000
Est. payment /mo
Active
716 Main Street E Hamilton, ON L8M 1K9
1,676 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building Only
Listing Status Active
Purchase Type For Sale
Square Footage 1,676 sqft
Price per Sqft $656
MLS Listing ID 40871131
Abv Grd Liv Area 1,676
Annual Tax Amount $12,300
Property Sub-Type Building Only
Source Cornerstone
Property Description
Here is a rare chance to own a freestanding retail building on a highly visible corner in Hamilton. Set at the southeast corner of Main Street East and St. Clair Avenue, this well-maintained, single-storey building offers 1,676 sq ft of main floor retail space plus approximately 1,200 sq ft of basement storage, all on a 0.20-acre lot with C2 zoning.
Parking is a standout feature, with 15 on-site spaces making it easy for customers to come and go, an advantage few properties along Main Street East can offer. The space is purpose-built for restaurant use and features a functional layout, great natural light, two ground floor washrooms, furnace and central air, and LED and pot lighting throughout.
The property is currently leased and generates a top line income of $6,000 per month, or $72,000 per year. With a single tenant in place, it offers a simple, low-maintenance investment that delivers reliable cash flow from day one.
The setting supports long-term success, with established residential neighbourhoods on all sides delivering steady daily traffic, public transit along Main Street East and convenient access to Highway 403 and the QEW.
Opportunities to secure a standalone building with this much parking in Hamilton do not come along often. Whether you are growing your portfolio or making your first commercial investment, 716 Main Street East is an opportunity worth a closer look.
Parking is a standout feature, with 15 on-site spaces making it easy for customers to come and go, an advantage few properties along Main Street East can offer. The space is purpose-built for restaurant use and features a functional layout, great natural light, two ground floor washrooms, furnace and central air, and LED and pot lighting throughout.
The property is currently leased and generates a top line income of $6,000 per month, or $72,000 per year. With a single tenant in place, it offers a simple, low-maintenance investment that delivers reliable cash flow from day one.
The setting supports long-term success, with established residential neighbourhoods on all sides delivering steady daily traffic, public transit along Main Street East and convenient access to Highway 403 and the QEW.
Opportunities to secure a standalone building with this much parking in Hamilton do not come along often. Whether you are growing your portfolio or making your first commercial investment, 716 Main Street East is an opportunity worth a closer look.
Location
Province ON
County Hamilton
Area 22 - Hamilton Centre
Zoning C2
Direction Wentworth St S to Main St E
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 89.2
Lot Depth 100.2
Garage No
Building
Lot Description Business Centre, High Traffic Area, Highway Access, Public Transit
Faces Wentworth St S to Main St E
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 172030133
Ownership Freehold/None
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