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