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
MLS# | X11897769 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 53 |
Listing Provided By | REVEL REALTY INC. | Not Provided |
SQ Feet | 9,774 |
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State | ON |
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County | Hamilton |
City | Hamilton |
Zip Code | L8R 2L2 |
Area | Central |
Listing VS Median (in L8R 2L2) | |
Price: $4,599,900 low | high Med: $2,900 SqFt: 9,774 low | high Med: 1,423 $ / SqFt: $471 low | high Med: $2 On Site: 53 low | high Med: 32.000000 |