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. (id:60120)
| MLS® Number | X13750588 |
| Property Type | Retail |
| Community Name | Homeside |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 1998 Sqft |
| Size Interior | 1,998 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
| Other |
| Acreage | No |
| Size Depth | 100 Ft |
| Size Frontage | 32 Ft |
| Size Irregular | Bldg=32.05 X 100 Ft |
| Size Total Text | Bldg=32.05 X 100 Ft |
| Zoning Description | Toc1 |
https://www.realtor.ca/real-estate/30241573/1523-main-street-e-hamilton-homeside-homeside
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