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$ 1,499,000
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Active
538 Main ST E Hamilton, ON L8M 1J1
7,484 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,484 sqft
Price per Sqft $200
Subdivision St. Clair
MLS Listing ID X12236680
Annual Tax Amount $7,644
Tax Year 2024
Property Sub-Type Investment
Property Description
An incredibly rare opportunity to own two detached structures on one parcel in the heart of Hamilton's historic and rapidly transforming St. Clair neighbourhood. This live/work property includes a stunning 4-storey mixed-use building (5,631 SF) fronting Main Street East and a separate, fully detached 1.5-storey residential home (1,853 SF) at the rear. With a combined 7,484 square feet of finished space, this setup offers unmatched flexibility ideal for multigenerational living, owner-occupied business use, or diverse rental configurations across commercial and residential tenancies. The mixed-use building offers significant upside with potential for a high-exposure retail storefront along Main Street, complete with new commercial windows and street access. At the rear, a large warehouse-style studio space with its own entrance can be separately leased. The central home is well-suited for residential rental or owner occupancy, offering privacy while maintaining income potential from the other structures. Inside, the main building features exposed red brick, two staircases, 10-ft ceilings, a full bar, five bedrooms, five bathrooms, oversized showers and tubs, and a dramatic fourth-floor cupola with 360-degree views. The detached rear house includes three bedrooms, three bathrooms, private yard space, and direct access from both the driveway and laneway. With eight total parking spaces (including a garage), and situated along one of the city's busiest transit corridors, this property is only blocks from a planned LRT stop, new elementary school, and major developments. A true gem offering unmatched versatility, character, and income-generating potential.
Location
State ON
County Hamilton
Community St. Clair
Area Hamilton
Zoning C2
Interior
Cooling Yes
Inclusions All furniture and appliances
Exterior
Utilities Available Yes
Lot Frontage 36.42
Lot Depth 175.0
Others
Security Features No
Listed by BLAIR BLANCHARD STAPLETON LIMITED