148 JAMES Street South, Hamilton | Image 1

148 JAMES Street South

Hamilton, Durand

  • Commercial

$1,779,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: D2 - Downtown Mi

  • Age: No Data

  • Taxes: 9355.64

  • MLS®#: X10403955

  • Days on Site: 39 Days

  • Added: Oct 08, 2024 (1 month ago)

  • Updated:

  • Last Checked: 5 hours ago

  • Listed By: Sotheby's International Realty Canada, Brokerage

An incredible property that is ideal for investors and end-users alike. This mixed-use commercial building includes a basement commercial unit, a stunning, newly-leased main floor commercial unit, and three beautiful apartments on the top two floors (1 X Studio, 1 X 1-bed, 1 X 2-Bed). The building has been significantly renovated in the last five years: with complete reconstruction of the residential units. Electrical, plumbing, and mechanical has been replaced or updated. Rear parking is accessible from laneway. This beautiful property enjoys tremendous exposure on James Street South, and is situated in the heart of the growing Augusta restaurant district; surrounded by new development. This prime location is steps from St. Joseph's hospital and less than 300 metres from the Hunter Street GO Train and Bus station. With only the basement unit currently vacant, the income on this property is strong, and upside remains to be realized! Seller willing to negotiate competitive VTB options. Don't miss this opportunity to own a magnificent property in the heart of Hamilton!

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Hamilton

  • Community: Durand

  • Availability Date: Flexible

  • Assessment Amount: $518,000

  • Assessment Year: 2016

Building

  • Basement: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2022

  • Tax Legal Description: PT LT 14 PL 1270 (AKA P. HAMILTON SURVEY) AS IN CD464174, S/T IN

  • Taxes: $9,356

Land

  • Cross Street: Located on the west

  • Municipality District: Hamilton

  • Parcel Number: 171710039

  • Sewer: San+Storm

  • Lot Depth: 120 Feet

  • Lot Frontage: 24.51 Feet

  • Zoning: D2 - Downtown Mi

Commercial Specific

  • Total Area: 5184

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

JK-5

Central Junior Public School

Elementary: Public
0.33 km
JK-8

Queensdale School

Elementary: Public
1.22 km
JK-8

Hess Street Junior Public School

Elementary: Public
1.28 km
6-8

Ryerson Middle School

Elementary: Public
0.91 km
JK-8

Dr. J. Edgar Davey (New) Elementary Public School

Elementary: Public
1.06 km
JK-8

Queen Victoria Elementary Public School

Elementary: Public
0.62 km
9-12

King William Alter Ed Secondary School

Secondary: Public
0.94 km
9-12

Turning Point School

Secondary: Public
0.18 km
9-12

École secondaire Georges-P-Vanier

Secondary: Public
2.42 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
1.60 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
0.97 km
9-12

Cathedral High School

Secondary: Catholic
1.35 km
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