New ListingExceptional opportunity for developers, restaurateurs, and institutional investors to acquire a prime corner property along busy Main Street West in Hamilton, just one block from McMaster University.Situated in a high-traffic retail corridor surrounded by a strong student rental market, this freestanding building offers excellent visibility, a strategic location, and significant potential for future growth. The property is currently home to a successful breakfast restaurant that has been established for over 25 years offering an opportunity to acquire both the real estate and an established operating business. Potential opportunities may include continued restaurant operations, retail or service uses, mixed-use commercial/residential development, and student-oriented housing. The properties at 1516 Main St W and 2 Norfolk are also available for sale creating a larger development opportunity. Properties being marketed separately. (id:374)
| MLS # | X14109678 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | ILISTREALESTATE INC. | ALEX PRASOULIS |
| SQ Feet | 3,295 |
|---|---|
| Zoning | TOC1 |
| Acreage | 0.23 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 34000 |
|---|
| Province | ON |
|---|---|
| City | Hamilton (Ainslie Wood) |
| Postal Code | L8S1E3 |
| Listing VS Median (in L8S1E3) | |
Price: $6,400,000 low | high Med: $6,400,000 sqft: 3,295 low | high Med: 3,295 $ / sqft: $1,942 low | high Med: $1,942 On site: 5 low | high Med: 5 | |
| Province | ON |
|---|---|
| City | Hamilton (Ainslie Wood) |
| Postal Code | L8S1E3 |
| Listing VS Median (in L8S1E3) | |
Price: $6,400,000 low | high Med: $6,400,000 sqft: 3,295 low | high Med: 3,295 $ / sqft: $1,942 low | high Med: $1,942 On site: 5 low | high Med: 5 | |