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38 HESS Street

38 HESS Street

Hamilton, Ontario

3,001 sqft • Other

$1,599,900

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.

Price History

Schools

Elementary

  • Central Junior Public School0.5 km

    Public · Hamilton-Wentworth DSB · 320 students

    Grade 3 reading: 41% met the provincial standard

  • Hess Street Junior Public School0.6 km

    Public · Hamilton-Wentworth DSB · 310 students

    Grade 3 reading: 50% met the provincial standard · Grade 6 math: 38% met the provincial standard

  • Kanétskare Elementary School Middle School0.7 km

    Public · Hamilton-Wentworth DSB · 395 students

    Grade 6 math: 46% met the provincial standard

Secondary

  • System Alternative Education Sir Isaac Brock Secondary School1.4 km

    Public · Hamilton-Wentworth DSB · 65 students

  • École secondaire Georges-P-Vanier1.6 km

    French public · CS Viamonde · 85 students

    Grade 10 literacy: 100% met the provincial standard

  • Westdale Secondary School1.9 km

    Public · Hamilton-Wentworth DSB · 1525 students

    Grade 10 literacy: 88% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L8P

Population
24,773
Private dwellings
14,969
Median age
38.8
Average household size
1.8
Median household income
$58,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Other in Hamilton · last 12 months

Median sold price
$681,000
Homes sold
4,998
Median days on market
27
Sale-to-list price
97.1%

Based on 4,998 recorded sales of other properties in Hamilton over the last 12 months.

Walk Score

99

Walk

83

Transit

87

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$319,980

Estimated Monthly Payment

$7,860

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $7,860/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $400/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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