197 James Street N Hamilton, ON L8R 2L2
9,774 SqFt
UPDATED:
12/20/2024 05:07 AM
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
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
10,000+ Properties Available
4 Beds4 Baths1/37 37Active$19,995,000
50,093 SqFt1/21 21Pending$19,937,014
5 Beds9 Baths0.5 Acres Lot1/40 40Active$19,888,000
12 Baths161 SqFt1/6 6Active$19,800,000
4 Beds7 Baths1/38 38Active$19,699,888
42,000 SqFt1/3 3Active$18,900,000
3 SqFt1/3 3Active$18,800,000
7 Beds9 Baths1/40 40Active$18,800,000
99 SqFt1/5 5Active$18,800,000
4 SqFt1/5 5New$18,500,000
2 Beds1 Bath100 Acres1/29 29Active$18,500,000
89,130 SqFtPrice Dropped by $1.6M$18,200,000
6 SqFt1/17 17Active$18,000,000
62 SqFtActive$18,000,000
97 SqFt1/2 2Active$17,990,000
11,000 SqFt1/27 27Price Dropped by $4.3M$17,900,000
3 Beds4 Baths1/40 40Active$17,800,000
18 SqFtActive$17,610,000
99 SqFt1/3 3Active$17,500,000
9 Beds12 Baths25 Acres1/24 24Active$17,000,000
49,662 SqFt1/8 8Active$17,000,000
154,000 SqFt1/5 5Active$17,000,000
0.5 Acres1/5 5New$16,950,000
28 SqFt1/3 3Active$16,800,000