181 MAIN STREET E, Hamilton (Corktown)

$1,350,000

For sale: Other

Other at 181 MAIN STREET E, Hamilton (Corktown)
Property type
Commercial Retail
MLS®
MLS® X13236076
Neighbourhood
Corktown

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.

Sold data

Homes in Corktown — recent sold market

Homes in Corktown took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 79, across 40 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 106 days.

The median sale price was $356,950.

Homes sold for about 4.5% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$356,950
Sale-to-list ratio
95.5%
Sold above asking
8%

Based on 40 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Corktown)

Hamilton (Corktown) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Corktown)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 181 MAIN STREET E