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:50584)
Property Details
| MLS® Number | 40685991 |
| Property Type | Office |
| Neigbourhood | Beasley |
| AmenitiesNearBy | Hospital, Public Transit |
| CommunicationType | High Speed Internet |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| BasementType | Full |
| ExteriorFinish | Brick, Brick Veneer |
| FireProtection | Alarm System |
| FoundationType | Block |
| StoriesTotal | 3 |
| SizeExterior | 9774.0000 |
| SizeInterior | 9774 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 80 Ft |
| SizeFrontage | 43 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | D2 |
https://www.realtor.ca/real-estate/27748486/197-james-street-n-hamilton
Salesperson
(905) 921-6253
Salesperson
(905) 746-5807
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December 20 2024 01:01:14
REALTORS® Association of Hamilton-Burlington
Revel Realty Inc.