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197 James Street N Home For Sale Hamilton (Central), Ontario L8R 2L2

X11897769

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9774 sqft
Fully Air Conditioned Other

$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 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 (id:34792)

Business

Name Studios at Hamilton Hotel

Property Details

MLS® Number X11897769
Property Type Retail
Community Name Central
Farm Type Other

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 9774 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 80 Ft ,3 In
Size Frontage 42 Ft ,10 In
Size Irregular 42.86 X 80.29 Ft
Size Total Text 42.86 X 80.29 Ft
Zoning Description D2

https://www.realtor.ca/real-estate/27748535/197-james-street-n-hamilton-central-central

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