Address
1465 MAIN Street E Hamilton, ON
Price
$ 1,149,900
Property Attributes
  • ID#H4123380
  • TypeCommercial
  • CityHamilton
  • Postal CodeL8K 1C5
  • Style
  • Price$ 1,149,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3718
Listing Provided Courtesy Of:
RE/MAX Escarpment Realty Inc.
Data Source:
Canadian Real Estate Association
Property Description

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:7434)

General Features

Building Appliances Dryer, Refrigerator, Stove, Washer & Dryer
Building Cooling Type Air Conditioned
Building Type Commercial Mix
Location Description URBAN
More Information Link https://www.realtor.ca/real-estate/23896551/1465-main-street-e-hamilton
Property Type Retail

Interior Features

Basement Type None
Building Fireplace Present False
Building Heating Type Forced air

Exterior Features

Parking Space Total 3
Sewer Sanitary sewer

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L8K 1C5

Price
AVG $1.15M
$1.15M
Visits
AVG 10
11
Walkscore
AVG 66
66
Data Provided by Walkscore ® not using MLS data