$648,900

1439 Main St E, Hamilton, L8K 1C4

0 Baths
0 Parking
sqft

1,450

Listing Overview

Description: Opportunity to acquire a mixed-use property in Hamilton's evolving downtown east end with both commercial and residential components in place. The main floor is leased to a commercial tenant on a 3-year term at $1,900/month + HST and additional expenses, while the upper residential unit is leased at $2,300/month + utilities on a 2-year term. The property is fully stabilized, and it offers immediate income with clear upside potential through lease optimization and future rent growth. Positioned along Main St. E, the asset benefits from strong visibility, steady traffic, and long-term appreciation drivers, including the planned LRT line directly along the corridor. Current income provides a solid foundation for investors looking to add value and increase returns over time. With both units tenanted and contributing to carrying costs, this is an ideal opportunity for investors seeking a mix of in-place cash flow and future upside in a rapidly developing pocket of Hamilton.
9 days
On Market
Commercial/Retail
Property Type
$6,593 / Year
Est. Taxes
Retail
Style
Hospitality/Food Related
Business Type
-
Franchise

Location & Areas

Commute

1439 Main St E, Hamilton, L8K 1C4

Listing Details

Lot Depth:: 80 Feet
Lot Width:: 19 Feet
Style:: Retail
Exterior Construction:: -
Roof Material:: -
Patio/Deck:: -
Driveway:: -
Swimming Pool:: -

Schools nearby

Listing Brokerage

MLS® Listing: X13002934
Brokerage: RARE REAL ESTATE

RARE REAL ESTATE - Disclaimer: The information contained in this listing has not been verified by RARE REAL ESTATE and should be verified by the buyer.

Data is deemed reliable but not guaranteed accurate by TRREB.