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$ 1,100,000
Est. payment | /mo
1,676 SqFt
$ 1,100,000
Est. payment | /mo
1,676 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,676 sqft
Price per Sqft $656
Subdivision 1037 - Tm Timberlea
MLS Listing ID W14095340
Annual Tax Amount $12,300
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
Here is a rare chance to own a freestanding retail building on a highly visible corner in Hamilton. Set at the southeast corner of Main Street East and St. Clair Avenue, this well-maintained, single-storey building offers 1,676 sq ft of main floor retail space plus approximately 1,200 sq ft of basement storage, all on a 0.20-acre lot with C2 zoning.Parking is a standout feature, with 15 on-site spaces making it easy for customers to come and go, an advantage few properties along Main Street East can offer. The space is purpose-built for restaurant use and features a functional layout, great natural light, two ground floor washrooms, furnace and central air, and LED and pot lighting throughout.The property is currently leased and generates a top line income of $6,000 per month, or $72,000 per year. With a single tenant in place, it offers a simple, low-maintenance investment that delivers reliable cash flow from day one.The setting supports long-term success, with established residential neighbourhoods on all sides delivering steady daily traffic, public transit along Main Street East and convenient access to Highway 403 and the QEW.Opportunities to secure a standalone building with this much parking in Hamilton do not come along often. Whether you are growing your portfolio or making your first commercial investment, 716 Main Street East is an opportunity worth a closer look.
Location
Province ON
County Halton
Area Halton
Rooms
Kitchen 0
Interior
Cooling Yes
Heat Source Gas
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 89.2
Lot Depth 100.2
Others
Security Features No
ParcelsYN No
Listed by KELLER WILLIAMS EDGE REALTY
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