1523 Main ST, Hamilton, ON L8K 1E4
1523 Main ST, Hamilton, ON L8K 1E4
1523 Main ST, Hamilton, ON L8K 1E4
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Mike McCarthy

Mike McCarthy

+1(289) 919-5442
$499,900
Est. payment /mo
1,998 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 1,998 sqft

Price per Sqft $250

MLS Listing ID 40859979

Abv Grd Liv Area 1,998

Annual Tax Amount $8,019

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Building and Land

Source Cornerstone

Property Description

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.

Location

Province ON

County Hamilton

Area 23 - Hamilton East

Zoning TOC1

Direction NE corner of Main St E and Tragina Ave N

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Parking Features Attached Garage, Built-In

Garage Spaces 2.0

Utilities Available Electricity Connected, Garbage/Sanitary Collection, Street Lights

Lot Frontage 32.05

Lot Depth 100.2

Garage No

Building

Lot Description Rectangular, High Traffic Area, Highway Access, Hospital, Public Transit

Faces NE corner of Main St E and Tragina Ave N

Story 2

Foundation Block

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 172680057

Ownership Freehold/None

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Listed by Real Broker Ontario Ltd.
Nearby School & Business

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Mike McCarthy
Mike McCarthy

Realtor License ID: 4794661

+1(289) 919-5442 | mike@mikemccarthyrealty.com

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