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:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
42.83 x 80.25 ft
Farm Type
Other
Listing Contract Date
2024-12-19
Location Description
Mulberry Street
Property Type
Retail
Transaction Type
For sale
Zoning Description
D2
Business
Name
Studios at Hamilton Hotel
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Utility Water
Municipal water
Land
Total Size
42.86 x 80.29 FT
Size of Irregular Land
42.86 x 80.29 FT
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