6,513 sqft
$4,999,850
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. Buyer to do due diligence on proposed future uses that may not fall under current zoning, permitted uses, and development density constraints with the municipality. (id:47351)
Property Details
|
MLS® Number
|
40840073 |
|
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
|
6513.0000 |
|
Size Interior
|
6,513 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 |
https://www.realtor.ca/real-estate/29907198/542-548-highway-8-stoney-creek