197 James Street N Hamilton, Ontario L8R 2L2
$4,599,900
Presenting 193-197 James Street North, on one of the most prestigious streets Hamilton has to offer. Steps to public transit, West Harbour Go Station, Acclamation Condos & other thriving businesses & future developments- this infamous building originally the Armoury Hotel has evolved to what is now a 21 unit office/retail asset offered at a ~6% cap rate. Set on the corner of James St N & Mulberry, this ~ 9700 square foot (as per MPAC) all brick building features a long time anchor tenant, Snafu Studios (both at street level) with 19 studio/office spaces across the second and third floors stable with young professional tenants & low vacancy. The property also features, forced air (dual system), central air (multiple units), high speed internet, hardwood floors while the office floors are equipped with 4 bathrooms (3 w/showers) and a shared kitchenette. Rental upside with most office units. All office tenants can also enjoy secured entry! An incredible opportunity to add to any commercial portfolio! Phase 1 & 2 ESA reports available. BUSINESSES NOT FOR SALE (id:50449)
Property Details
| MLS® Number | 40685991 |
| Property Type | Office |
| Neigbourhood | Beasley |
| Amenities Near By | Hospital, Public Transit |
| Communication Type | High Speed Internet |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Basement Type | Full |
| Exterior Finish | Brick, Brick Veneer |
| Fire Protection | Alarm System |
| Foundation Type | Block |
| Stories Total | 3 |
| Size Exterior | 9774.0000 |
| Size Interior | 9774 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 80 Ft |
| Size Frontage | 43 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D2 |
https://www.realtor.ca/real-estate/27748486/197-james-street-n-hamilton
Salesperson
(905) 921-6253
Salesperson
(905) 746-5807
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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 20 2024 01:01:14
REALTORS® Association of Hamilton-Burlington
Revel Realty Inc.