148 James Street , Hamilton, ON L8P 3A2
Hamilton, ON L8P 3A2
Description
An exceptional investment opportunity, this mixed-use commercial building offers strong in-place cash flow with excellent future upside. Home to the incredibly popular and stylish Coffee Run Co. coffee shop, along with three beautiful residential apartments (1 studio, 1 one-bedroom, and 1 two-bedroom) and a second vacant commercial unit, this property offers a mix of steady income and potential for growth. Recently renovated from top to bottom, the building has been largely rebuilt and includes updated electrical, plumbing, and mechanical systems. The rear parking is conveniently accessible via the laneway; ideal for tenants. Situated in the heart of the vibrant Augusta restaurant district, the building boasts excellent visibility on James Street South. Surrounded by development, this prime location is just steps from St. Josephs Hospital and under 300 meters from the Hunter Street GO Train and Bus station. With only the basement unit vacant, the property is generating strong income, and significant upside potential remains as this area becomes an increasingly popular hospitality hub. The seller is open to negotiating favourable VTB financing terms with a strong offer. Don't miss your chance to own a prime property in Hamilton's rapidly growing core!
Details
| MLS# | X11968119 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Days On Site | 65 |
| Listing Provided By | Sotheby's International Realty Canada, Brokerage | X11968119 541005 |
Features
| SQ Feet | 3,471 |
|---|---|
| Acreage | 0.08 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8P 3A2 |
| Area | Durand |
| Listing VS Median (In L8P 3A2) | |
Price: $1,699,000 low | high Med: $850,225 SqFt: 3,471 low | high Med: 2,165 $ / SqFt: $489 low | high Med: $246 On site: 65 low | high Med: 67.000000 | |
