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Home ON Greater Hamilton Hamilton Old Hamilton Central
197 JAMES STREET N
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197 JAMES STREET N $4,399,900
$4,399,900
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197 JAMES STREET N
Hamilton (Central), Ontario L8R2L2

MLS® Number: X12027639

Listing 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 (40070899)

Location Description

Mulberry Street

Property Summary

Property Type
Retail
Community Name
Central
Land Size
42.86 x 80.29 FT
Annual Property Taxes
$27,476
Time on REALTOR.ca
36 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
9774 sqft

Land

Lot Features
Frontage
42 ft ,10 in
Land Depth
80 ft ,3 in
Other Property Information
Zoning Description
D2
Farm Features
Farm Type
Other
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
ABDELLAH MAJD