197 James Street N Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8R 2L2
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 9,774 sqft
Price per Sqft $470
MLS Listing ID 40685991
Abv Grd Liv Area 9,774
Originating Board Hamilton - Burlington
Annual Tax Amount $27,476
Property Description
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
Location
Province ON
County Hamilton
Area 10 - Hamilton West
Zoning D2
Direction Corner of James St N & Mulberry St
Rooms
Basement Full
Kitchen 0
Interior
Interior Features High Speed Internet
Fireplace No
Exterior
Lot Frontage 42.86
Lot Depth 80.29
Garage No
Building
Lot Description Hospital,Public Transit
Faces Corner of James St N & Mulberry St
Story 3
Foundation Concrete Block,Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Brick Veneer
New Construction No
Others
Senior Community No
Tax ID 171600216
Ownership Freehold/None