For Sale - 197 James Street, Hamilton, Ontario

Est payment $14,406/mo
Views   1
Time on Jump  6 day



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. 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 producing ~$300,000 in annual gross income (before recoverable). 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. Huge upside in converting office leases to a net structure (6/19 converted) and driving up noi. 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
Listing IDX13567318
Address197 James Street
CityHamilton, Ontario
Price$2,999,990
StyleCommercial Retail
Land Size3412.16
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailHeating / Cooling Gas Forced Air OpenSewer Sanitary+Storm
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Listing Agency:  REVEL REALTY INC.

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197 James Street
Hamilton , Ontario
$2,999,990
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