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Type: Investment
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Property Type: Commercial
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Zoning: D2 - Dt Mixed Us
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Age: 100+ years
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Taxes: 13203
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MLS®#: X11968119
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Added: Feb 11, 2025 (1 week ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: Sotheby's International Realty Canada, Brokerage
An exceptional investment opportunity, this mixed-use commercial building offers strong in-place cash flow with excellent future upside. Home to the incredibly popular and stylish Coffee Run Co. coffee shop, along with three beautiful residential apartments (1 studio, 1 one-bedroom, and 1 two-bedroom) and a second vacant commercial unit, this property offers a mix of steady income and potential for growth. Recently renovated from top to bottom, the building has been largely rebuilt and includes updated electrical, plumbing, and mechanical systems. The rear parking is conveniently accessible via the laneway; ideal for tenants. Situated in the heart of the vibrant Augusta restaurant district, the building boasts excellent visibility on James Street South. Surrounded by development, this prime location is just steps from St. Josephs Hospital and under 300 meters from the Hunter Street GO Train and Bus station. With only the basement unit vacant, the property is generating strong income, and significant upside potential remains as this area becomes an increasingly popular hospitality hub. The seller is open to negotiating favourable VTB financing terms with a strong offer. Don't miss your chance to own a prime property in Hamilton's rapidly growing core!
Property
Status: Sale
Property Type: Investment
Property Type: Retail
Age: 100+
Area: Hamilton
Community: Durand
Availability Date: Flexible
Inside
Air Conditioning: Part
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2024
Taxes: $13,203
Taxes Type: Annual
Land
Cross Street: James St South & Aug
Municipality District: Hamilton
Parcel Number: 171710039
Lot Depth: 120 Feet
Lot Frontage: 24.5 Feet
Zoning: D2 - Dt Mixed Us
Commercial Specific
Total Area: 3471
Total Area Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Lot Code: Lot
Walker's Paradise
- Daily errands do not require a car.
Excellent Transit
- Most errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
Central Junior Public School
Elementary: PublicQueensdale School
Elementary: PublicHess Street Junior Public School
Elementary: PublicRyerson Middle School
Elementary: PublicDr. J. Edgar Davey (New) Elementary Public School
Elementary: PublicQueen Victoria Elementary Public School
Elementary: PublicKing William Alter Ed Secondary School
Secondary: PublicTurning Point School
Secondary: PublicÉcole secondaire Georges-P-Vanier
Secondary: PublicSt. Charles Catholic Adult Secondary School
Secondary: CatholicSir John A Macdonald Secondary School
Secondary: PublicCathedral High School
Secondary: Catholic-
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- 0 bath
- 0 bed
350 Burlington Street East, Hamilton, Ontario • L8L 4H4 • Industrial Sector
