Commercial/retail For Sale - 197 James St, Hamilton, Ontario L8R 2L2

location_on 197 James St, Hamilton

Commercial/retail

197 James St

Hamilton, Ontario L8R 2L2

$4,599,900

For Sale

Property Information

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

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : X11897769
Price : $4,599,900
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 2
Address
Postal Code : L8R 2L2
City : Hamilton
Street : James
Street Number : 197
Street Suffix : St
Floor Number : 0
Longitude : W80° 6' 34.8''
Latitude : N43° 20' 17.5''
Features
Heating System : Gas Forced Air Open
Brokerage
Office Name : REVEL REALTY INC.
Extra Information
address/street_dir_suffix : N
Air Conditioning : Y
Area : Hamilton
living_area : 0
living_area_unit : Sqft
Community : Central
Lease : Sale
Street Direction : N
Tax Year : 2024

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197 James St Hamilton, Ontario L8R 2L2