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Home ON Greater Hamilton Hamilton Old Hamilton Durand
148 JAMES Street S
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148 JAMES Street S $1,699,000
$1,699,000
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148 JAMES Street S
Hamilton, Ontario L8P3A2

MLS® Number: 40693725

Listing Description

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. Joseph’s 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 VTB financing support with a strong offer. Don't miss your chance to own a prime property in Hamilton's rapidly growing core! (68596230)

Location Description

Located on the west side of James Street South between Bold and Duke streets.

Property Summary

Property Type
Other
Storeys
2.5
Subdivision Name
122 - Durand North
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$13,203
Total Parking Spaces
4
Time on REALTOR.ca
72 days

Building

Interior Features
Basement Type
Full
Building Features
Features
Visual exposure, Paved driveway
Foundation Type
Stone
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Stone
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Hospital, Public Transit
Parking
Total Parking Spaces
4

Measurements

Square Footage
5184 sqft
Exterior Building Size
5184 sqft

Land

Lot Features
Frontage
25 ft
Land Depth
120 ft
Other Property Information
Zoning Description
D2 - Downtown Mixed Use - Pedestrian Focus
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4
Martinus Geleynse