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:13843)
| MLS # | 40859891 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Days On Site | 60 |
| Listing Provided By | Royal LePage State Realty Inc. | Vahel Mzouri |
| SQ Feet | 7,227 |
|---|---|
| Garage | 65 |
| Story(s) | 1 |
| Zoning | C2 |
| Acreage | 0.94 |
| Fireplace Yes / No | No |
|---|
| Lot Features | Visual exposure |
|---|---|
| Construction Materials | Concrete block, Concrete Walls |
| Foundation Details | Poured Concrete |
| Parking Features | Attached Garage |
|---|---|
| Parking Total | 65 |
| Utilities | Natural Gas, Electricity, Telephone |
|---|---|
| Sewer | Municipal sewage system |
| Water Source | Municipal water |
| Tax Annual Amount | 41869 |
|---|
| Province | ON |
|---|---|
| City | Stoney Creek |
| Postal Code | L8G4T4 |
| Community Name | 052 Stoney Creek Escarpment |
| Listing VS Median (in 052 Stoney Creek Escarpment) | |
Price: $3,999,850 low | high Med: $794,900 sqft: 7,227 low | high Med: 1,753 $ / sqft: $553 low | high Med: $453 On site: 60 low | high Med: 120 | |
| Province | ON |
|---|---|
| City | Stoney Creek |
| Postal Code | L8G4T4 |
| Community Name | 052 Stoney Creek Escarpment |
| Listing VS Median (in 052 Stoney Creek Escarpment) | |
Price: $3,999,850 low | high Med: $794,900 sqft: 7,227 low | high Med: 1,753 $ / sqft: $553 low | high Med: $453 On site: 60 low | high Med: 120 | |