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Est. payment | /mo
22,561 SqFt
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Est. payment | /mo
22,561 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 22,561 sqft
Subdivision Stoney Creek
MLS Listing ID X14125692
Annual Tax Amount $115,741
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
CBRE is pleased to present Gateshead Centre, a fully leased neighbourhood retail centre strategically located on a prominent 1.698-acre corner lot along Highway 8 in the heart of Stoney Creek. The property benefits from exceptional visibility, multiple access points, ample on-site parking, and exposure to one of the area's most established commercial corridors. Highway 8 continues to evolve as a key retail and service destination, supported by significant residential intensification and ongoing development throughout Stoney Creek. This growth is driving increased demand for convenient neighbourhood-serving retail, reinforcing the long-term appeal of the asset. Gateshead Plaza is anchored by a diverse roster of long-standing tenants spanning dental, medical, retail, pet supply and food service uses, providing stable income and a broad customer draw. The combination of durable tenancy, strong corner exposure, modest in-place rents and a sizeable site area creates a compelling investment opportunity with significant long-term redevelopment potential.
Location
Province ON
County Hamilton
Area Hamilton
Zoning Mixed Use Medium Density (C5)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 200.0
Lot Depth 300.0
Others
Security Features No
ParcelsYN No
Listed by CBRE LIMITED
Nearby Locations
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