71 Main Street E, Hamilton, ON L8N 1G2
Hamilton, ON, L8N 1G2 · Beasley
About this property
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!
Features & Amenities
- Garage: Street
- Cooling: Yes
- Heat Type: Gas Forced Air Open
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Commercial Retail |
| Garage | Street |
| Heat Type | Gas Forced Air Open |
| Cooling | Yes |
| Annual Tax | $20,469 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 4844
Heating & Cooling
- Heat Type
- Gas Forced Air Open
- Cooling
- Yes
Parking & Garage
- Garage Type
- Street
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 42.16
- Lot Width
- 28.16
Community & Neighborhood
- Community Features
- Major Highway, Public Transit
Financial & Tax
- Tax Annual Amount
- $20,469
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Utilities
- Yes
Additional Details
- Occupant Type
- Partial
- County Or Parish
- Hamilton
- Cross Street
- Main St. & John St.
- Directions
- South
- Showing Requirements
- Showing System
Location
71 Main Street E, Hamilton, ON L8N 1G2, Hamilton, ON, L8N 1G2