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Property at 197 JAMES Street N image 1
Property at 197 JAMES Street N image 2
Property at 197 JAMES Street N image 3
Property at 197 JAMES Street N image 4
Property at 197 JAMES Street N image 5
50

$4,399,900

197 JAMES Street N
Hamilton, Ontario, Ontario, L8R2L2

MLS® Number: 40707973
Listed 60 days ago

Property description

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 a 21 unit office/retail asset. 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 office floors are equipped with 4 bathrooms (3 w/showers) and a shared kitchenette. Huge upside in converting office leases to a net structure and driving up NOI. 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

Building information

Basement Type

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Exterior Finish

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Fire Protection

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Foundation Type

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Size Exterior

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Size Interior

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Stories Total

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Utility Water

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Land information

Amenities

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Sewer

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Size Depth

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Size Frontage

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Size Total

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Courtesy of Revel Realty Inc.

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