An exceptional mixed-use investment opportunity, this high-yield commercial asset combines immediate cash flow, revenue diversification, and long-term capital appreciation. Positioned directly on the proposed Light Rail Transit (LRT) corridor, the property is anchored by a popular neighborhood pub featuring an inviting outdoor patio that serves as a major revenue driver during warmer months. Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator. At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion. The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking. Backed by flexible multi-use zoning and a prime transit-oriented location, this versatile asset delivers strong holding income today alongside significant future redevelopment upside.
Property Type:
Commercial Sale
Property SubType:
Building and Land
Listing General Location:
231 - Homeside, 23 - Hamilton East
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
3,049 sq. ft.283 m2
Lot Details:
32.05 x 100.2
Lot Depth:
100'2"30.5 m
Lot Frontage:
32'1"9.77 m
Frontage Type:
North
Kitchens:
0
County Or Parish:
Hamilton
Features:
Attached Garage: Yes, Crops Included: No, Garage: No, Common Elements Fee: No, Crane: No, Local Improvement Fees Exist: No, New Construction: No
Construction:
Brick
Basement:
Full
Foundation:
Block
Number of Storeys:
2
Total Floor Area:
1,998 sq. ft.186 m2
Office/Apt Area:
1,007 sq. ft.93.6 m2
Retail Area:
991 sq. ft.92.1 m2
Fireplace:
false
Water Supply:
Municipal
Water Treatment:
No
Sewer:
Sewer (Municipal)
false
No
NE corner of Main St E and Tragina Ave N
No
Security System
Features:
Attached Garage: Yes, Crops Included: No, Garage: No, Common Elements Fee: No, Crane: No, Local Improvement Fees Exist: No, New Construction: No
Under Contract Costs Monthly:
$100.00
Seats:
26
Zoning:
TOC1
Structures:
Mixed Use
Total Acres:
0.07
Utilities:
Electricity Connected, Garbage/Sanitary Collection, Street Lights
Exposure / Faces:
South
Lot Site Features:
Rectangular, High Traffic Area, Highway Access, Hospital, Public Transit
Features:
Attached Garage: Yes, Crops Included: No, Garage: No, Common Elements Fee: No, Crane: No, Local Improvement Fees Exist: No, New Construction: No
Data was last updated September 18, 2026 at 05:50 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$799,999
Min list price:
$350,000
Max list price:
$4,699,000
Avg days on market:
52
Min days on market:
6
Max days on market:
227
Avg price per sq.ft.:
$301.03
These statistics are generated based on the current listing's property type
and located in
23 - Hamilton East. Average values are
derived using median calculations. This data is not produced by
the MLS® system.