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 GoStation, Acclamation Condos & other thriving businesses & future developments- this infamous building originally the Armoury Hotel has evolvedto 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 (asper MPAC) all brick building features a long time anchor tenant, Snafu Studios (both at street level) with 19 studio/office spaces across thesecond 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 sharedkitchenette. 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:50886)
Business
| Name | Studios at Hamilton Hotel |
Property Details
| MLS® Number | X11897769 |
| Property Type | Retail |
| Community Name | Central |
| FarmType | Other |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 9774 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 80 Ft ,3 In |
| SizeFrontage | 42 Ft ,10 In |
| SizeIrregular | 42.86 X 80.29 Ft |
| SizeTotalText | 42.86 X 80.29 Ft |
| ZoningDescription | D2 |
https://www.realtor.ca/real-estate/27748535/197-james-street-n-hamilton-central-central
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Contact us for more information
Abdellah Majd
Salesperson
69 John St South Unit 400a
Hamilton, Ontario L8N 2B9
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December 20 2024 01:35:43
Toronto Real Estate Board
Revel Realty Inc.