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754 & 756 Main ST E Hamilton, ON L8M 1L1
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Blakeley
MLS Listing ID X13760268
Annual Tax Amount $18,054
Tax Year 2025
Property Sub-Type Investment
Property Description
ATTENTION CASH FLOW INVESTORS - 8.5% CAP RATE = 15% ROI ON ASKING PRICE....Rare mixed-use investment offering on a high-traffic stretch of Main Street East. Two adjacent 3-storey buildings on a 9,493 SF, comprising 11 residential suites (1 bachelor, 6 one-bedroom, 4 two-bedroom) and 2 retail units at grade, plus 5 surface parking spaces. Originally constructed in 1910, the property has undergone extensive capital expenditure and in-suite renovation over recent years. Retail is anchored by two established local operators - Soapy Bubbles Laundromat, which also serves the surrounding residential community, and Big Top Family Restaurant - both contributing additional rent (TMI) toward operating costs.
Location
Province ON
County Hamilton
Area Hamilton
Zoning C2
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 91.22
Lot Depth 104.37
Others
ParcelsYN No
Listed by COMMERCIAL FOCUS REALTY INC.
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