197 James Street N Hamilton, Ontario L8R 2L2
9,774 ft2
$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:48215)
Property Details
| MLS® Number | 40685991 |
| Property Type | Office |
| Amenities Near By | Hospital, Public Transit |
| Communication Type | High Speed Internet |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Basement Type | Full |
| Exterior Finish | Brick, Brick Veneer |
| Fire Protection | Alarm System |
| Foundation Type | Block |
| Stories Total | 3 |
| Size Exterior | 9774.0000 |
| Size Interior | 9,774 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 80 Ft |
| Size Frontage | 43 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D2 |
https://www.realtor.ca/real-estate/27748486/197-james-street-n-hamilton
Abdellah Majd
Salesperson
Revel Realty Inc.
69 John Street S. Unit 400a
Hamilton, Ontario L8N 2B9
69 John Street S. Unit 400a
Hamilton, Ontario L8N 2B9
(905) 592-0990
Michael Pugliese
Salesperson
Revel Realty Inc.
69 John Street South Unit 400
Hamilton, Ontario L8N 2B9
69 John Street South Unit 400
Hamilton, Ontario L8N 2B9
(905) 592-0990
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December 20 2024 01:01:14
REALTORS® Association of Hamilton-Burlington
Revel Realty Inc.