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 offered at a ~6% cap rate. 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. 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
43 x 80 ft
Amenities Nearby
Hospital, Public Transit
Communication Type
High Speed Internet
Equipment
Water Heater
Listing Contract Date
2024-12-19
Location Description
Corner of James St N & Mulberry St
Ownership Type
Freehold
Property Type
Office
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
D2
Building
Basement Type
Full
Exterior Finish
Brick, Brick Veneer
Fire Protection
Alarm system
Foundation Type
Block
Stories Total
3
Size (Exterior)
9774
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Hospital, Public Transit
Sewer
Municipal sewage system
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