181 MAIN Street
Hamilton, Ontario
2,449 sqft • Retail
Prime Downtown Hamilton Commercial Opportunity with Exceptional Development Potential. Positioned in the heart of downtown Hamilton, this prominent commercial property presents a rare opportunity for investors, developers, and owner-operators alike. Currently operating as a successful restaurant, the property benefits from excellent visibility, strong pedestrian traffic, and a vibrant urban setting surrounded by residential, commercial, and entertainment amenities. The property's highly desirable Downtown Mixed Use (D3) zoning provides tremendous flexibility for future use and redevelopment. The D3 designation permits a broad range of high-density, pedestrian-oriented developments, including residential apartments, mixed-use buildings, office space, retail establishments, hotels, restaurants, entertainment venues, and a variety of commercial uses. Whether you're looking to operate a restaurant, establish a new business, expand your investment portfolio, or capitalize on Hamilton's ongoing downtown revitalization through redevelopment, this property offers outstanding potential. Located within one of the city's most dynamic growth corridors, it provides convenient access to public transit, major transportation routes, and a growing residential population. An exceptional opportunity to acquire a versatile downtown asset in one of Hamilton's most sought-after urban locations.
Price History
Schools
Secondary
- System Alternative Education Sir Isaac Brock Secondary School0.3 km
Public · Hamilton-Wentworth DSB · 65 students
- Cathedral High School0.7 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- St. Charles Catholic Adult Secondary School2 km
Catholic · Hamilton-Wentworth CDSB · 345 students
Elementary
- St. Patrick Catholic Elementary School0.5 km
Catholic · Hamilton-Wentworth CDSB · 405 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 41% met the provincial standard
- Dr. J. Edgar Davey Elementary Public School0.5 km
Public · Hamilton-Wentworth DSB · 585 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 14% met the provincial standard
- Queen Victoria Elementary Public School0.6 km
Public · Hamilton-Wentworth DSB · 585 students
Grade 3 reading: 48% met the provincial standard · Grade 6 math: 14% 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 L8N
- Population
- 15,568
- Private dwellings
- 8,630
- Median age
- 36.8
- Average household size
- 1.9
- Median household income
- $54,800
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
Retail in Hamilton · last 12 months
- Median sold price
- $681,000
- Homes sold
- 5,002
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,002 recorded sales of retail properties in Hamilton over the last 12 months.
Location
Street View
Mortgage Calculator
$270,000
Estimated Monthly Payment
$6,632
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,632/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $338/mo
Estimates only. Consult a financial advisor.
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