How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Hamilton
About 716 Main Street East
Here is a rare chance to own a freestanding retail building on a highly visible corner in Hamilton. Set at the southeast corner of Main Street East and St. Clair Avenue, this well-maintained, single-storey building offers 1,676 sq ft of main floor retail space plus approximately 1,200 sq ft of basement storage, all on a 0.20-acre lot with C2 zoning.Parking is a standout feature, with 15 on-site spaces making it easy for customers to come and go, an advantage few properties along Main Street East can offer. The space is purpose-built for restaurant use and features a functional layout, great natural light, two ground floor washrooms, furnace and central air, and LED and pot lighting throughout.The property is currently leased and generates a top line income of $6,000 per month, or $72,000 per year. With a single tenant in place, it offers a simple, low-maintenance investment that delivers reliable cash flow from day one.The setting supports long-term success, with established residential neighbourhoods on all sides delivering steady daily traffic, public transit along Main Street East and convenient access to Highway 403 and the QEW.Opportunities to secure a standalone building with this much parking in Hamilton do not come along often. Whether you are growing your portfolio or making your first commercial investment, 716 Main Street East is an opportunity worth a closer look.
Hamilton retail priced at $1,100,000 — book a tour to see if it fits your search.
Inside 716 Main St E
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
716 Main St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14095340$1,100,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 716 Main St E Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,562Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 1,828 sales from Jul 25 – Oct 23, 2026 (1,482 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
716 Main St E is listed at $1,100,000 (MLS® W14095340). Summitly updates the price as soon as the MLS® record changes.
Has the price of 716 Main St E changed?
No — 716 Main St E is still listed at its original asking price of $1,100,000.
How many bedrooms and bathrooms does 716 Main St E have?
The listing for 716 Main St E doesn't publish its bedroom and bathroom count. It is a commercial property in Hamilton.
Is 716 Main St E close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 2.4 km in a straight line. West Harbour GO Station is about 2.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 716 Main St E compare with other homes in Hamilton?
Its asking price of $1,100,000 is about 63% above the median sold price in Hamilton over the last 90 days, $675,000, across 1,828 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 716 Main St E been sold before?
Summitly has no earlier MLS® sale or lease of 716 Main St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 716 Main St E?
716 Main St E is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 716 Main St E been on the market?
7 days — 716 Main St E was listed on October 16, 2026.
What is the land transfer tax on 716 Main St E?
About $18,475 in Ontario land transfer tax at the asking price of $1,100,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 716 Main St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 716 Main St E?
The listing for 716 Main St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Hamilton.
When was 716 Main St E built?
The listing for 716 Main St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.