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38 Hess Street S, Hamilton, ON L8P 3N1

Hamilton, ON, L8P 3N1 · Central

Sq Ft
Investment Type
X13044404 MLS#

About this property

An extraordinary and rarely available opportunity to acquire a prominent 2.5-storey, multi-unit asset in the heart of Hamilton's most coveted entertainment enclave-Hess Village. This distinguished mixed-use property comprises a ground-floor commercial space, three well-proportioned residential suites, and an expansive, unspoiled lower level with full potential for additional residential conversion, subject to approvals. The offering is further enhanced by dedicated rear parking-an increasingly valuable feature in this high-demand urban setting. The current income profile includes a commercial tenancy generating approximately $5,000 per month, complemented by residential suites consisting of a studio at $775 per month and two one-bedroom-plus-den units at $1,400 per month each. All tenancies are significantly below prevailing market rates, presenting a compelling opportunity for strategic rental repositioning and long-term income growth. The property can be delivered with vacant possession, affording complete flexibility for investors, end-users, or those seeking a refined live-work environment tailored to their vision. Ideally situated just steps from the newly revitalized TD Coliseum, the asset benefits from consistent and elevated foot traffic driven by concerts, sporting events, and premier live performances. Surrounding establishments thrive during event cycles, underscoring the enduring strength and desirability of this location. A truly versatile and upscale investment opportunity-offering immediate income, substantial upside, and the ability to reposition or curate a bespoke mixed-use asset within one of Hamilton's most dynamic and evolving districts.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Open
  • Sewer: Sanitary+Storm

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage None
Heat Type Gas Forced Air Open
Cooling Yes
Sewer Sanitary+Storm
Annual Tax $15,874
Tax Year 2025

Building & Construction

Building Area Total
3001

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
124.50
Lot Width
26.75

Financial & Tax

Tax Annual Amount
$15,874
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
Sanitary+Storm
Utilities
Available

Additional Details

Occupant Type
Tenant
County Or Parish
Hamilton
Cross Street
Main St
Directions
Main St
Showing Requirements
Showing System, List Salesperson

Location

38 Hess Street S, Hamilton, ON L8P 3N1, Hamilton, ON, L8P 3N1

Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
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