152 James Street South, Hamilton | Image 1

152 James Street South

Hamilton, Durand

  • Commercial

$1,949,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: D2 - DOWNTOWN MI

  • Age: No Data

  • Taxes: 12842.28

  • MLS®#: X8057180

  • Added: Feb 09, 2024 (1 month ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: SOTHEBY`S INTERNATIONAL REALTY CANADA

Turnkey fully-tenanted investment property listed above a 5% cap rate located in the historic stone terraces on bustling James Street South! This significantly renovated mixed-use commercial building sports a well-performing and well-known restaurant tenant on the main floor and three pristine, renovated apartments. Electrical, plumbing, and mechanical have been updated or replaced in the last three years of property ownership - the property shows beautifully. Rear parking accessible from laneway. Ideally situated, the property sits on high-traffic James Street South, in the Augusta restaurant district, now home to the Laundry Rooms & Plank Resto Bar, and steps from St. Joseph's Hospital and the Hunter Street GO Train/Bus Station, as well as the rest of Hamilton downtown! This turnkey, gorgeous investment property has been well cared for and absolutely deserves your attention. (No photos of restaurant or second floor apartment due to tenants. Bsmt apartment photos are virtually staged)

Extras

No photos of restaurant or second floor apartment due to tenants. Basement apartment photos are virtually staged.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Area: Hamilton

  • Community: Durand

  • Availability Date: Flexible

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Taxes: $12,842

  • Taxes Type: Annual

Land

  • Cross Street: James And Augusta

  • Municipality District: Hamilton

  • Parcel Number: 171710041

  • Lot Depth: 118 Feet

  • Lot Frontage: 24.16 Feet

  • Zoning: D2 - DOWNTOWN MI

Commercial Specific

  • Total Area: 3702

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Lot

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JK-5

Central Junior Public School

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0.34 km
JK-8

Queensdale School

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1.21 km
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Hess Street Junior Public School

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Ryerson Middle School

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

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Queen Victoria Elementary Public School

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Sir John A Macdonald Secondary School

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