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71 Main Street E, Hamilton, ON L8N 1G2

Hamilton, ON

$1,488,000
MLS® #: X13641002
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Description

Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown HamiltonLocated in the vibrant core of Downtown Hamilton, this exceptional mixed-use investment property offers a rare opportunity to acquire a fully mixed-use commercial building with strong income potential and long-term redevelopment upside. Situated within the Downtown Central Business D1 Zone, the property is just minutes from McMaster University Downtown Campus Surrounded by government offices, financial institutions, hospitals, shopping, Hamilton GO Centre, and numerous new residential developments, this prime location continues to benefit from Hamilton's ongoing downtown revitalization and growing demand for rental accommodations.The ground floor features a prominent street-front commercial unit with excellent exposure, suitable for a wide variety of retail, restaurant, service, or professional office uses. The second floor offers multiple rooms that can accommodate office space, professional services, or value-add opportunities. The third and fourth floors have been extensively renovated and feature multiple private ensuite rooms with shared kitchen and laundry facilities, making them highly attractive to McMaster University students, young professionals, healthcare workers, and downtown employees.The building is separately metered by floor, providing efficient management and flexibility for ownership and leasing. With an estimated building area of approximately 4,816 sq. ft. as per bank appraisal and projected annual gross rental income of approximately $180,000 to $220,000, this property offers exceptional cash flow with significant future appreciation potential.Whether you are an investor seeking stable income, an owner-operator looking for a prime downtown location, or a developer recognizing the long-term value of Hamilton's continued revitalization, this is a unique opportunity not to be missed.

Quick Details

BedsN/A
BathsN/A
TypeCommercial
Sq Ft0
Taxes$20,469
BOOK A SHOWING

Comprehensive Property Details

Building Area Total 4844
Building Area Units Square Feet
City Region Huntington
Contract Status Available
County Or Parish Hamilton
Cross Street Main St. & John St
D D F Y N Yes
Directions South
Expiration Date 2027-02-04
Freestanding Y N Yes
Garage Type Street
Heat Type Gas Forced Air Open
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
List A O R Toronto Regional Real Estate Board
List Office Name MASTER`S TRUST REALTY INC.
List Price Unit For Sale
Lot Depth 42.16
Lot Size Units Feet
Lot Type Lot
Lot Width 28.16
Mls Status New
Occupant Type Vacant
Parcel Number 171670100
Possession Type Other
Postal Code L8N 1G2
Property Sub Type Commercial Retail
Property Use Retail
Retail Area 2422
Retail Area Code Sq Ft
Roll Number 251802015100430
Standard Status Active
State Or Province ON
Street Dir Suffix E
Street Name Main
Street Number 71
Street Suffix Street
Tax Type Annual
Tax Year 2025
Transaction Type For Sale
Vendor Property Info Statement No