$849,999
FOR SALE

Commercial/Retail

Lot: 50 x 101 ft

152 Grenfell Street
Hamilton, 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. (id:47421)
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Listed By eXp Realty
Data Provided By Cornerstone Association of REALTORS®
MLS® Listing Number 40800164
Last Updated Apr 22, 2026
Property Summary
Property Type Commercial/Retail

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Price History

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Detailed Information
Lot 50 x 101 ft
Amenities Nearby Public Transit
Community Features High Traffic Area
Listing Contract Date 2026-02-06
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description C2
Building
Basement Type None
Stories Total 2
Size (Exterior) 4400
Utility Water Municipal water
Land
Total Size 0.12 acres
Amenities Public Transit
Sewer Municipal sewage system
Size of Irregular Land 0.12

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