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
Listed BY: Abdellah Majd, Revel Realty Inc.

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