196 1/2 Kenilworth Avenue N, Hamilton, ON L8H 4S2

$449,900

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Property Description

Fantastic opportunity to own a well-maintained mixed-use building in the heart of Hamilton's vibrant Kenilworth Commercial Corridor. This property features a vacant main-floor commercial unit (approx. 1,410 sq. ft.) with excellent street exposure and direct access to the basement. The commercial space includes two 2-piece washrooms and offers flexible layout options-ideal for retail, office, or service-based businesses. Bonus large doors to access the commercial unit from the rear alleyway and 2 parking spaces. The second floor features two residential apartments, both tenanted with reliable occupants in good standing. Unit 1 offers a 1-bedroom layout, while Unit 2 includes 2 bedrooms, each with updated flooring and tasteful finishes. Lovingly owned by the same family since the 1960s, this property has a rich local history-previously home to Olympus Submarine and George's Car Clean Up. Recent updates include: refreshed paint throughout, newer residential flooring, updated fire exit signage, Furnace (2020), copper water line, roof (2015). This is an excellent investment or owner-occupier opportunity in a high-traffic location surrounded by established businesses, transit, and amenities. With a focus to revitalize the area, grants have been made available along this particular corridor through the City of Hamilton! (Barton/Kenilworth Revitalization Grant Program, Barton/Kenilworth Tax Increment Grant Program & Barton/Kenilworth Planning and Building Fees Rebate Program).

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Listing courtesy of RE/MAX ESCARPMENT REALTY INC..