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:59406)
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
Interested?
Contact us for more information
Abdellah Majd
Salesperson
69 John Street S. Unit 400a
Hamilton, Ontario L8N 2B9
Michael Pugliese
Salesperson
69 John Street South Unit 400
Hamilton, Ontario L8N 2B9
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December 20 2024 01:01:14
Revel Realty Inc.