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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Other
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Zoning: D2
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Age: No Data
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Taxes: 27476.22
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MLS®#: X11897769
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Added: Dec 19, 2024 (2 days ago)
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Updated:
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Last Checked: 38 minutes ago
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Listed By: REVEL REALTY INC.
Presenting 193-197 James Street North, on one of the most prestigious streets Hamilton has to offer. Steps to public transit, West Harbour GoStation, Acclamation Condos & other thriving businesses & future developments- this infamous building originally the Armoury Hotel has evolvedto 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 (asper MPAC) all brick building features a long time anchor tenant, Snafu Studios (both at street level) with 19 studio/office spaces across thesecond 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 sharedkitchenette. 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
Property
Status: Sale
Type: Other
Property Type: Commercial/Retail
Property Type: Multi-Use
Area: Hamilton
Community: Central
Availability Date: Flexible
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Heat Type: Gas Forced Air Open
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: PT LT 2 BLK 8 PL 39 AS IN CD308203, T/W INTEREST IN VM270373; CI
Taxes: $27,476
Taxes Type: Annual
Land
Cross Street: Mulberry Street
Municipality District: Hamilton
Parcel Number: 171600216
Sewer: San+Storm
Lot Depth: 80.29 Feet
Lot Frontage: 42.86 Feet
Zoning: D2
Commercial Specific
Retail Area: 3258
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 9774
Total Area Metric: Sq Ft
Office Size: 6516
Office Size Metric: Sq Ft
Lot Code: Lot
Business/Building Name: Studios at Hamilton Hotel
LLBO: Y
Central Junior Public School
Elementary: PublicHess Street Junior Public School
Elementary: PublicSt. Lawrence Catholic Elementary School
Elementary: CatholicBennetto Elementary 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
