265 Ottawa Street N, Hamilton, ON L8H 3Z8

Hamilton L8H 3Z8 Ontario

MLS: X12364989

$1,599,999

Added 13 days ago | For Sale

Listed by: HOMELIFE/PARAMOUNT REALTY

About Property

Welcome to 265 Ottawa Street North, a rare investment opportunity in the heart of Hamilton's iconic Ottawa Street Business Improvement Area. Known as the city's Destination for Inspiration, Ottawa Street North is home to a vibrant mix of shops, antiques, home décor, restaurants, and services, supported by strong daily foot traffic and active BIA promotions. This property offers approximately 10,000 sq. ft. of flexible commercial space, ideal for subdivision into multiple retail bays, professional offices, or a hybrid mix of tenants. With wide storefront glazing, excellent signage potential, and strong curb appeal, it is perfectly positioned to attract a diverse range of occupants. Located steps from The Centre on Barton, a 700,000+ sq. ft. power center anchored by national retailers, the property benefits from a steady stream of both local shoppers and regional visitors. Investors will appreciate the value-add potential through re-tenanting and repositioning, while enjoying a projected cap rate of ~7.5%, significantly above the Hamilton retail market average of 6.3%. This combination of location, flexibility, and yield makes 265 Ottawa Street North one of the only opportunities on the market today to secure such strong returns in a proven, high-demand corridor. Whether envisioned as multiple stores, multiple offices, or a long-term anchor space, this property offers stability, upside, and long-term appreciation.

Features

  • House Style:Commercial Retail
  • Bathrooms:1
  • Land Size: 60.33 X 118
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Campbell Ave & Ottawa St N
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $19500
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12364989

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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