7,227 sqft
$3,999,850
Rare investment opportunity in the heart of Stoney Creek! Positioned near a high-visibility, very busy intersection with impressive frontage on high-traffic Highway 8, this premier commercial automotive hub at 542-548 Highway 8 offers an exceptional turnkey asset with significant future development upside. The property features a diversified mix of 9 established professional tenancies under a net lease structure, offering excellent local synergy close to businesses and established residential neighborhoods. A clean Phase I Environmental Site Assessment was completed in May 2026. Logistically prime, the site is just a short drive to the QEW and major highway networks, making it highly accessible for customers and ideal for future transit-oriented uses. Under current C2 – Commercial zoning, preliminary architectural visions explore the potential for a landmark 6-story mid-rise development, conceptually designed for ground-floor retail and up to 106 residential units. Fully serviced by municipal water and sanitary systems, this is a versatile asset in one of Hamilton’s most sought-after commercial corridors. (id:63476)
Property Details
|
MLS® Number |
40859891 |
|
Property Type |
Retail |
|
Amenities Near By |
Hospital, Public Transit, Schools |
|
Communication Type |
High Speed Internet |
|
Community Features |
High Traffic Area |
|
Features |
Visual Exposure |
|
Parking Space Total |
65 |
|
Sign Type |
Pylon |
Building
|
Basement Type |
None |
|
Construction Material |
Concrete Block, Concrete Walls |
|
Exterior Finish |
Aluminum Siding, Brick, Concrete |
|
Foundation Type |
Poured Concrete |
|
Stories Total |
1 |
|
Size Exterior |
7227.0000 |
|
Size Interior |
7,227 Sqft |
|
Type |
Retail |
|
Utility Water |
Municipal Water |
Parking
Land
|
Access Type |
Road Access, Highway Access |
|
Acreage |
No |
|
Land Amenities |
Hospital, Public Transit, Schools |
|
Sewer |
Municipal Sewage System |
|
Size Depth |
160 Ft |
|
Size Frontage |
160 Ft |
|
Size Irregular |
0.942 |
|
Size Total |
0.942 Ac|1/2 - 1.99 Acres |
|
Size Total Text |
0.942 Ac|1/2 - 1.99 Acres |
|
Zoning Description |
C2 |
Utilities
|
Electricity |
Available |
|
Natural Gas |
Available |
|
Telephone |
Available |