961 Main Street E , Hamilton, ON L8E 1N1
Hamilton, ON L8E 1N1
Description
Located at the high-traffic intersection of Main Street East and Gage Avenue South, directly across from the picturesque Gage Park, this C2-zoned property is a rare gem offering versatility, income potential, and an unbeatable location. With 2 separate exits, this property is designed for seamless functionality, ensuring accessibility and adaptability for various uses. Currently home to a thriving convenience store that has served the community for over 21 years, this business has built a loyal customer base and established itself as a cornerstone of the neighborhood. The retiring owner’s dedication to the store's success leaves behind a legacy of steady profits, bolstered by creative offerings like picnic-ready packages and seasonal promotions tied to Gage Park's popular festivals and events. The main floor’s C2 zoning allows for a variety of future uses, including artist studios, medical clinics, catering services, financial establishments, or other neighborhood-focused businesses, providing immense flexibility for new owners. Adding to the property’s value are three residential rental unitstwo spacious two-bedroom apartments and one cozy one-bedroom unitoffering additional revenue streams in this desirable area. The neighborhood itself is on the cusp of significant growth, with planned transit developments set to increase foot traffic and drive further appreciation. Whether you’re an investor seeking a multi-income property, a visionary entrepreneur ready to reimagine the space, or someone eager to join this vibrant community, this property offers unlimited potential. With over two decades of proven success and the flexibility to adapt to your vision, this is your chance to own a truly exceptional asset in a prime Hamilton location. Don’t miss outopportunities like this are rare!
Details
| MLS# | 40686982 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 15 |
| Listing Provided By | Exit Realty Strategies | David Boctor |
Features
| SQ Feet | 1,500 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | C2 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Zip Code | L8E 1N1 |
| Area | 20 Hamilton Centre |
| Subarea | 200 Gibson | Stipley |
| Community Name | 200 Gibson/Stipley |
| Listing VS Median (in 200 Gibson/Stipley) | |
Price: $85,000 low | high Med: $564,900 SqFt: 1,500 low | high Med: 1,292 $ / SqFt: $57 low | high Med: $437 On Site: 15 low | high Med: 106.000000 | |
