$559,000
Available - For Sale
Listing ID: X13157158
116 Bay Street North , Hamilton, L8R 2P4, Hamilton
| High-Exposure Downtown Hamilton Commercial Opportunity with Flexible Downtown Local CommercialD4 Zoning. Ideal for retail, office, medical, or mixed-use with parking, visibility, and signage potential. Prime property on Bay Street North offering excellent visibility, steady traffic flow. Permitted uses include retail, restaurant, office, medical clinic, financial services, personal services, studio, tradesperson shop, and mixed-use residential Property benefits from strong street presence and exposure-ideal for businesses seeking visibility and accessibility. The building's side elevation may provide additional signage or third-party advertising income opportunities. Parking for 2 vehicles with potential to expand to 4. Rare downtown parking component enhances usability and tenant appeal $75K in upgrades since Oct.2025 including structural floor levelling, subfloor repair, masonry restoration (300+ bricks), drainage improvements, duct/drain servicing, and general updates. Furnace (2022), A/C (2025), owned HWT. New Nordic windows (2025, warranty to 2050). Roof (2012)repaired 2025. Located within Hamilton's Downtown Urban Growth Centre with ongoing intensification & strong growth outlook. Located in a Walker's Paradise (Walk Score 99) with consistent pedestrian traffic, steps to the TD Coliseum with high profile concerts and event, West Harbour GO Station, Bayfront Park ,and surrounded by restaurants, cafes, retail, and everyday services. |
| Price | $559,000 |
| Taxes: | $3473.30 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 116 Bay Street North , Hamilton, L8R 2P4, Hamilton |
| Postal Code: | L8R 2P4 |
| Province/State: | Hamilton |
| Legal Description: | PT LT 13 BLK 14 PL 39 AS IN AB18699, S/T |
| Directions/Cross Streets: | Bay Street North and Cannon Street West |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Office |
| Use: | Professional Office |
| Building Percentage: | T |
| Total Area: | 1356.25 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 100+ |
| Franchise: | F |
| Days Open: | V |
| Sprinklers: | No, |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| RE/MAX ABOUTOWNE REALTY CORP. |
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Ali Shahpazir
Sales Representative
Dir:
416-473-8225
Bus:
416-473-8225
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Central |
| Approximate Age: | 100+ |
| Tax: | $3,473.3 |
| Fireplace: | N |
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