182 OTTAWA STREET N

An exceptional turn-key investment opportunity situated on a prominent, high-visibility corner in one of Hamilton's most established commercial corridors. Spanning over 7,100 total square feet, this fully tenanted, mixed-use asset features over 2,500 square feet of ground-floor retail across two active commercial units, complemented by six residential apartments above. The property offers immediate, diversified cash flow with compelling value-add upside through future unit turnover and rental growth in a proven urban market. Positioned at the gateway to a bustling neighborhood retail strip and supported by the surrounding Crown Point East and Delta residential communities, the location enjoys strong pedestrian activity and key east-west transit connectivity via Cannon Street East. Ongoing local reinvestment, streetscape improvements, and residential intensification continue to strengthen the long-term appeal of this premier asset. Perfectly suited for private investors seeking stable income paired with potential for enhanced returns. (id:67197)

Price

$1,599,900

Property Type

Retail

Transaction Type

For sale

MLS® Number

X13769360

Interior Size

7116 sqft

Cooling

None

Fireplace

No

Heating Fuel

Natural gas

Heating

Hot water radiator heat

Interior Size

7116 sqft

Water

Municipal water

Size Total

7116 ac

Size Frontage

50 ft

Size Depth

54 ft

Acreage

Yes