197 JAMES Street N, Hamilton
· 9774 sqft
$4,399,900
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
General Info
MLS Listing ID: 40707973 | Bedrooms: 0 | Bathrooms: 0 | Year Built: 0 |
Listing Type: Other | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
Foundation: Block | Roof: N/A | Title To Land: Freehold | Parking Space Total: 0 |
Parking: N/A | Heating: N/A | Size: 9774 sqft | Air Conditioning : N/A |
Home Style: N/A | Finished Floor Area: N/A | Fireplaces: Alarm system | Basement: Full |
Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |

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