148 James St S
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148 James St S
5,072 SF 100% Leased Retail Building Hamilton, ON L8P 3A2 $1,779,000 CAD ($351 CAD/SF)
Investment Highlights
- The building has been significantly renovated in the last five years: with complete reconstruction of the residential units.
- Prime location is steps from St. Joseph's hospital
- Tremendous exposure on James Street South
Executive Summary
An incredible property that is ideal for investors and end-users alike. This mixed-use commercial building includes a basement commercial unit, a stunning, newly-leased main floor commercial unit, and three beautiful apartments on the top two floors (1 X Studio, 1 X 1-bed, 1 X 2-Bed). The building has been significantly renovated in the last five years: with complete reconstruction of the residential units. Electrical, plumbing, and mechanical has been replaced or updated. Rear parking is accessible from laneway. This beautiful property enjoys tremendous exposure on James Street South, and is situated in the heart of the growing Augusta restaurant district; surrounded by new development. This prime location is steps from St. Joseph's hospital and less than 300 metres from the Hunter Street GO Train and Bus station. With only the basement unit currently vacant, the income on this property is strong, and upside remains to be realized! Seller willing to negotiate competitive VTB options. Don't miss this opportunity to own a magnificent property in the heart of Hamilton!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,072 SF
Year Built
1890
Price
$1,779,000 CAD
Price Per SF
$351 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Zoning
D2 - Downtown Mixed Use - Pedestrian Focus
Parking
4 Spaces (0.78 Spaces per 1,000 SF Leased)
Frontage
34 ft on James St
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (86)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
1 of 6
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148 James St S
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