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MLS® X12683802
Hamilton, ON
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!
Inclusions
The Seller is willing to lease back the first floor.
Broker
RE/MAX ATRIUM HOME REALTY
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Commercial Retail
71 Main Street E Hamilton
Hamilton
Type
Commercial Retail
Parking
Street
Property Tax
~$20,469/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
4844 sqft
Parking
Street
Finances
List Price
$1,980,000
Price per SQFT
$409/sqft
Property Tax
~$20,469/yr
Property Specs
Property Type
Commercial Retail
MLS Size
4844 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Hamilton
Listed On
Jan 6, 2026
Major Highway
Public Transit
Days on Market
Current: 305 days
Room information is not available for this listing.
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