Active
197 James St N
Hamilton Ontario, L8R 2L2
C$4,599,900
Active
Commercial
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
X11897769
MLSⓇ ID
December 26, 2024
Updated
Map
197 James St N
Hamilton Ontario, L8R 2L2
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Y
Heating
Yes
Heating Description
Gas Forced Air Open
Exterior/Building Features
Lot Size
0.08 Acres
Sewer
SanStorm
Other Property Details
Area Name
Central
Taxes
$27,476
Tax Frequency
Annually
Garage
No
Parking
None
View
No
County
Ontario
Municipality
Hamilton
Water Source
Municipal
Pool
No
Zoning
D2
Courtesy of Listed by , REVEL REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 6:02 PM UTC, 12/26/2024