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    For Sale - 152 Grenfell Street, Hamilton, Ontario

    Est payment $4,082/mo
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    Time on Jump  54 day

    AI Summary *

    • Generates $9,250 in rental income with a cap rate of 9-12%.
    • Standalone mixed-use building offers diverse investment opportunities.
    • Includes a large commercial space currently used as a restaurant and bar.
    • Three residential apartments provide consistent cash flow and potential growth.
    • Flexible zoning allows for various business uses and future renovations.




    This is a **cash cow property**, generating a total of **$9,250 in rental income**. With a cap rate ranging between **9-12%**. This standalone mixed-use property presents an outstanding opportunity for investors and business owners seeking income, flexibility, and long-term upside. Offering excellent exposure and quick access to major highways, the location continues to attract strong demand from both commercial operators and residential tenants. The building encompasses approximately 4,400 square feet, anchored by a substantial ground-floor commercial space of roughly 3,800 square feet, currently configured as a restaurant and bar. Above, the second level features three income-producing residential apartments, including a three-bedroom unit, a one-bedroom unit, and a bachelor suite, all contributing to consistent cash flow. Additionally, there is notable upside potential through renovation or reconfiguration, as the residential level may allow for the creation of additional units (subject to municipal approvals). The property's configuration and zoning lend themselves well to a variety of uses, including trade-based operations, service-oriented businesses, storage, light industrial, or owner-occupied commercial uses supported by residential income. Additional income is generated from media company rentals (such as netflix). Offered as a fully tenanted, mixed-use investment in a well-established industrial and commercial area, this property delivers both immediate revenue and future growth opportunities. Purchasers are advised to verify zoning, permitted uses, and development potential through their own due diligence.
    Listing IDX12766432
    Address152 Grenfell Street
    CityHamilton, Ontario
    Price$849,999
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitHeating / Cooling Gas Forced Air Closed

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    Listing Agency:  eXp Realty

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    152 Grenfell Street
    Hamilton , Ontario
    $849,999
    Get more info