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38 HESS Street S, Hamilton — listed at $1,599,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
A rare opportunity to acquire a landmark mixed-use asset in the heart of Hamilton’s iconic Hess Village Entertainment District. Positioned within one of the city’s most recognized commercial and nightlife corridors, this prominent 2.5-storey building offers exceptional flexibility for investors, owner-operators, restaurateurs, hospitality groups, and entrepreneurs seeking a strategic urban location. The property features a substantial ground-floor commercial space with strong street presence, multiple upper-level residential suites, and an expansive lower level offering significant potential for future expansion, conversion, or reconfiguration, subject to all required approvals. Dedicated rear parking further enhances the functionality and long-term value of the asset. This is a true blank-canvas opportunity suitable for a wide range of uses, including restaurant, lounge, cocktail bar, entertainment venue, boutique hospitality concept, office headquarters, creative workspace, retail destination, live-work environment, or a fully reimagined mixed-use investment. Located just steps from Hamilton’s revitalized TD Coliseum and surrounded by established restaurants, nightlife venues, entertainment destinations, and major residential developments, the property benefits from exceptional pedestrian activity generated by concerts, sporting events, festivals, and year-round urban tourism. Whether your vision is to establish a flagship business operation, create a destination hospitality venue, expand an investment portfolio, or reposition a mixed-use asset in one of Hamilton’s most dynamic neighbourhoods, this offering presents a compelling combination of location, scale, flexibility, and future growth potential. A truly exceptional opportunity to secure a signature property in a district that continues to evolve as one of Southern Ontario’s premier entertainment and lifestyle destinations. (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $15,873.82, heating is forced air. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air. Ask for past utility bills to understand real heating costs.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
How is the space laid out across floors?+
This is a 3-storey multi-family. The 2 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What makes this a luxury property?+
At $1,599,900, standout features include 3001 sq ft. In this price range, expect higher-end finishes — verify during a showing.
What's the parking situation?+
This property includes 2 spaces — Open.
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