19
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$1,980,000
Est. payment /mo
4,844 SqFt
Active
71 MAIN STREET E Hamilton (beasley), ON L8N1G2
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4844
Square Footage 4,844 sqft
Price per Sqft $408
Subdivision Beasley
MLS® Listing ID X12683802
Property Description
Excellent investment opportunity in the core of Downtown Hamilton. Ideally located along the city's busiest street, offering strong exposure and easy access. Beside McMaster University Downtown Campus, Hamilton GO Centre, colleges, government offices, major banking centres, shopping, and hospitals. Surrounded by numerous newly built and under-construction condominium projects, it ensures strong and consistent demand. Situated in a high-demand area for business and redevelopment. Downtown Central Business zoning permits a wide range of uses. The ground floor is ideal for a takeout restaurant, entertainment use, or professional office. The second floor features several rooms with a kitchen and washroom, suitable for Airbnb or office use. The third and fourth floors have been newly renovated into multiple ensuites with shared kitchen, dining area and laundry facilities for each floor. Ideal for students or professionals. Every floor is separately metered for hydro and gas, allowing efficient utility management. The property is projected to generate approximately $180,000-$220,000 in annual revenue, offering strong cash flow with excellent value-add and redevelopment potential. A rare downtown income-producing opportunity! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX ATRIUM HOME REALTY
NEARBY SCHOOL & BUSINESS
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