Investment Commercial Building for Sale
MLS# H4133732 Price: $4,600,000
More Photos
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.
95 
Walker's Paradise
83 Excellent Transit
Property Details: 197 James Street N (near James St.N./Mulberry )
Listing# 3379
Location
| Address |
197 James Street N |
| City |
Hamilton |
| Cross Streets |
James St.N./Mulberry |
| District |
Hamilton West (10) |
| Neighbourhood |
Strathcona (102) |
| Listing Agent |
Elizabeth Parker |
Description
| Sub Type |
Investment |
Price |
$ 4,600,000 |
| Lease Rate Per |
For Sale |
Approx. Age |
100+ Years |
| Location |
Hamilton |
Heating |
Gas Forced Air Closed |
| Square Footage |
8970 |
|
|
Investment Commercial Building for Sale, MLS# H4133732
197 James Street N
Hamilton
Ontario
L8R 2L2
Judy Marsales Real Estate LTD., Judy Marsales Real Estate LTD., Brokerage
https://www.judymarsales.com/images/logo-Judy-Marsales-md.png
986 King St. West
Hamilton
ON
L8S 1L1
905-522-3300
$$$
4600000
2022-06-22
MLS# H4133732
Judy-Marsales-Real-Estate-LTD-Brokerage-MLS-H4133732
Judy Marsales Real Estate LTD., Brokerage
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.
Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.