197 James Street N Hamilton, Ontario L8R 2L2
$4,399,900
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. 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. Huge upside in converting office leases to a net structure and driving up NOI. 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)
Property Details
MLS® Number | X12027639 |
Property Type | Retail |
Community Name | Central |
Farm Type | Other |
Building
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 9,774 Ft2 |
Utility Water | Municipal Water |
Land
Acreage | No |
Size Depth | 80 Ft ,3 In |
Size Frontage | 42 Ft ,10 In |
Size Irregular | 42.86 X 80.29 Ft |
Size Total Text | 42.86 X 80.29 Ft |
Zoning Description | D2 |
https://www.realtor.ca/real-estate/28043260/197-james-street-n-hamilton-central-central
Contact Us
Contact us for more information
Abdellah Majd
Salesperson
69 John St South Unit 400a
Hamilton, Ontario L8N 2B9
(905) 592-0990
(905) 357-1705