246-248 Ottawa Street
Hamilton, ON
- 2,895 sqft
- Commercial Retail
- 130 days on market
Exceptional mixed-use opportunity on a high-traffic Hamilton corridor steps to Centre Mall, featuring a well-established dry-cleaning business with 40+ years at the same location, strong and stable revenue, and a loyal repeat customer base; seller willing to provide training for a smooth transition. The second-floor residential unit is fully renovated with 4 spacious rooms, 2 bathrooms, and a full kitchen-ideal for an owner-occupier or additional rental income. Turnkey operation offering dual-income potential (business + residential), prime exposure, and a rare chance to acquire both real estate and a proven operating business with immediate cash flow and upside potential.**Please do not go direct or speak to staff; all inquiries through listing brokerage.**
Listing Details
- Taxes (2025)
- $10,328
- Originally Listed
- $1,499,000
- Listed
- May 6, 2026
Price History
Property
- Lot Size
- 30 x 95 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Ottawa St N/Campbell Ave.
- Zoning
- C5a
- Parcel Number
- 172470039
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Service Related
Included
- Inclusions
- Fittings, Equipment And Stock
- Exclusions
- Vehicles
Community
Postal area L8H
- Population
- 26,187
- Private dwellings
- 11,792
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $70,000
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
Commercial in Hamilton · last 12 months
- Median sold price
- $680,000
- Homes sold
- 4,944
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,944 recorded sales of commercial properties in Hamilton over the last 12 months.
Listed by
RE/MAX REAL ESTATE CENTRE INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,895 sq ft
- Price per sq ft
- $0.00
- Annual property tax
- $10,328
- Tax per sq ft
- $3.57
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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