197 JAMES Street N

Hamilton, Ontario, L8R2L2, Canada

$4,599,900

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

Last updated on : Thursday 19th of December 2024 08:01:14 PM

ADDRESS

Street : 197 JAMES Street N

City : Hamilton

Province : Ontario

Country : Canada

Postal Code : L8R2L2

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PROPERTY SUMMARY

Property ID : 40685991

Property Type : Office

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