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197 JAMES STREET N, Hamilton, Ontario

$4,599,900

9,774 Square Feet

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:23309)

Listing ID: X11897769
Property Type: Retail

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Details

Farm: Other
Transaction: For sale
Zoning Description: D2

Building

Cooling: Fully air conditioned
Fireplace Present: False
Heating: Other
Heating Fuel: Natural gas
Size Interior: 9774 sqft
Utility Water: Municipal water

Land

Size Frontage: 42 ft ,10 in
Size Irregular: 42.86 x 80.29 FT

Listing provided by REVEL REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 197 JAMES STREET N in Hamilton Ontario. It was last modified on December 19th, 2024. Contact the Bird House Real Estate to schedule a viewing or to discover other Hamilton real estate for sale.

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