538 Main Street E Hamilton, Ontario L8M 1J1

$1,499,000

An incredibly rare opportunity to own two detached structures on one parcel in the heart of Hamilton's historic and rapidly transforming St. Clair neighbourhood. This live/work property includes a stunning 4-storey mixed-use building (5,631 SF) fronting Main Street East and a separate, fully detached 1.5-storey residential home (1,853 SF) at the rear. With a combined 7,484 square feet of finished space, this setup offers unmatched flexibility—ideal for multigenerational living, owner-occupied business use, or diverse rental configurations across commercial and residential tenancies. The mixed-use building offers significant upside with potential for a high-exposure retail storefront along Main Street, complete with new commercial windows and street access. At the rear, a large warehouse-style studio space with its own entrance can be separately leased. The central home is well-suited for residential rental or owner occupancy, offering privacy while maintaining income potential from the other structures. Inside, the main building features exposed red brick, two staircases, 10-ft ceilings, a full bar, five bedrooms, five bathrooms, oversized showers and tubs, and a dramatic fourth-floor cupola with 360-degree views. The detached rear house includes three bedrooms, three bathrooms, private yard space, and direct access from both the driveway and laneway. With eight total parking spaces (including a garage), and situated along one of the city’s busiest transit corridors, this property is only blocks from a planned LRT stop, new elementary school, and major developments. A true gem offering unmatched versatility, character, and income-generating potential. (id:60626)

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