193 - 197 James Street N Home For Sale Hamilton, Ontario L8R 2L2
H4133732
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$4,300,000
Iconic Investment Opportunity in heart of James Street North. Built as The Armoury Hotel C.1887 this three-storey 8970 sq. ft. brick beauty was repurposed into the multi-unit commercial centerpiece it is today. Situated at the corner of Mulberry Street, between Hamilton's two downtown GO stations and amongst new and upcoming condominium development, the location is superb. The property houses two street-level commercial storefronts & 19 studio/office spaces. Long established licensed Mulberry Coffeehouse occupies the corner with side patio, courtyard patio, and lots of welcoming café seating and is the successful cornerstone of the area. Vintage clothier—Snafu—occupies the second retail unit and is a terrific vibrant retail tenant. Upper floors are home to 19 studio offices with four common washrooms including one per floor with shower. Studios iemjoy a/c, hardwood floors and large windows The Studios at Hotel Hamilton are popular among artists, creative industry professionals & entrepreneurs and have traditionally enjoyed a low vacancy rate. NOI $234,000. Phase 1 and 2 Environmental available. An amazing opportunity to own an iconic piece of history and fabulous investment. (id:35167)
Business
| Business Type | Other |
Property Details
| MLS® Number | H4133732 |
| Property Type | Other |
| Amenities Near By | Public Transit |
Building
| Cooling Type | Air Conditioned |
| Heating Type | Forced Air |
| Size Exterior | 8970 Sqft |
| Size Interior | 8970 Sqft |
| Type | Commercial Mix |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 80 Ft |
| Size Frontage | 42 Ft |
| Size Irregular | 42.78 X 80 |
| Size Total Text | 42.78 X 80|under 1/2 Acre |
| Zoning Description | D2 - Downtown Mixed Use Pedestrian Focus |
https://www.realtor.ca/real-estate/24360414/193-197-james-street-n-hamilton
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September 30 2022 05:59:28
REALTORS® Association of Hamilton-Burlington
Judy Marsales Real Estate Ltd.
