197 James Street N, Hamilton, Ontario L8R 2L2

Listed for:
$4,399,900
0 beds
0 baths
Listed 13 days ago
197 James Street N, Hamilton, Ontario L8R 2L2

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Learn more about this property
Listing provided by:
Revel Realty Inc.
MLS® number:
40707973
Agent:
Abdellah Majd
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About

Corner of James St N & Mulberry St 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. 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 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 (id:27476)

Property Highlights

MLS® Number
40707973
Type
Other
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Storeys
3.00
Square Footage
9774 sqft
Amenities
Hospital, Public Transit
Exterior Finish
Brick, Brick Veneer
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location