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

 

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