538 Main ST E Active

Hamilton,ON L8M 1J1

$ 1499000

- Bed

- Bath

7484 SqFt


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

Province 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

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