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197 James ST N Hamilton, ON L8R 2L2
9,774 SqFt
UPDATED:
12/20/2024 12:43 AM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,774 sqft
Price per Sqft $470
MLS Listing ID X11897769
Annual Tax Amount $27,476
Tax Year 2024
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 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
Location
Province ON
County Hamilton
Community Central
Area Hamilton
Region Central
City Region Central
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Depth 80.29
Others
Security Features Yes
Listed by REVEL REALTY INC.
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