$4,599,900

Commercial For Sale In Central, Hamilton, Ontario

$4,599,900

Property Information:

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 a21 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 officefloors 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 ESAreports available. BUSINESSES NOT FOR SALE

Building Features:

  • Floor Space: 9774 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full
  • Construction Materials: Brick, Brick Veneer
  • Floor Space (approx): 9774 Square Feet
  • Interior Features: High Speed Internet
  • Lot Depth: 80.29 Feet
  • Lot Features: Hospital, Public Transit
  • Lot Frontage: 42.86 Feet
  • Security Features: Alarm System
  • Water Source: Municipal
  • Zoning: D2
  • Sewer: Sewer (Municipal)

Courtesy of: Revel Realty Inc.

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