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152 James Street S Hamilton, Ontario L8P 3A2

$1,999,000

Turnkey investment property listed above a 5% cap rate located in the historic stone terraces on bustling James Street South! This significantly renovated mixed-use commercial building sports a well-performing and well-known restaurant tenant on the main floor and three pristine, renovated apartments. Electrical, plumbing, and mechanical have been updated or replaced in the last three years of property ownership - the property shows beautifully. Rear parking accessible from laneway. Ideally situated, the property sits on high-traffic James Street South, in the Augusta restaurant district, now home to the Laundry Rooms and Plank Resto Bar, and steps from St. Joseph's Hospital and the Hunter Street GO Train/Bus Station, as well as the rest of Hamilton downtown! This turnkey, gorgeous investment property has been well cared for and absolutely deserves your attention. (No photos of restaurant or second floor apartment due to tenants. Basement apartment photos are virtually staged) (id:50449)

Property Details

MLS® Number 40465238
Property Type Office
Neigbourhood Durand
Amenities Near By Hospital, Public Transit
Community Features High Traffic Area
Features Visual Exposure
Parking Space Total 4
Sign Type Unknown

Building

Basement Type Full
Exterior Finish Stone
Stories Total 3
Size Exterior 3702.0000
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 118 Ft
Size Frontage 24 Ft
Size Total Text Under 1/2 Acre
Zoning Description D2 - Downtown Mixed Use - Pedestrian Focus

https://www.realtor.ca/real-estate/25920463/152-james-street-s-hamilton


Martinus Geleynse
Salesperson

(905) 537-4819
www.martinus.ca