$849,999
FOR SALE

Commercial/Retail

Lot: 50 x 101 ft

152 Grenfell Street
Hamilton (Industrial Sector), ON L8H 3J2

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. (id:47421)
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Listed By eXp Realty, EXP REALTY
Data Provided By OnePoint Association of REALTORS®
MLS® Listing Number X12766432
Last Updated Feb 06, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Community Industrial Sector
Price History

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Detailed Information
Lot 50 x 101 ft
Amenities Nearby Highway, Public Transit
Listing Contract Date 2026-02-06
Location Description Cross Streets: Ottawa St N & Beach Rd. ** Directions: Ottawa St N to Beach Rd to Grenfell St.
Property Type Retail
Transaction Type For sale
Zoning Description C2
Building
Cooling Type None
Heating Fuel Natural gas
Heating Type Forced air
Utility Water Municipal water
Land
Total Size 4400 acres
Acreage Yes
Amenities Highway, Public Transit
Size of Irregular Land 4400

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