148 James St S - Storefront Retail/Residential FOR SALE


Hamilton, ON L8P 3A2- Hamilton Downtown B
$1,699,000 CAD
905-296-3930
148 James St S, Hamilton, ON for Sale
$1,699,000 CAD
Storefront Retail/Residential - FOR SALE
1/24
null | Request Cap Rate

148 James St S
Hamilton, ON L8P 3A2
Hamilton Downtown B


HIGHLIGHTS

  • The building has been significantly renovated in the last five years: with complete reconstruction of the residential units.
  • Tremendous exposure on James Street South
  • Prime location is steps from St. Joseph's hospital

OVERVIEW

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. Joseph’s 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 VTB financing support with a strong offer. Don't miss your chance to own a prime property in Hamilton's rapidly growing core!

FOR SALE DETAILS

PRICE

$1,699,000 CAD

PRICE/SF

$335 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

D2

APN/PARCEL ID

251802013905340

ASK ABOUT THIS PROPERTY

Martinus GeleynseSotheby's International Realty CanadaMore Info
905-296-3930

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Martinus GeleynseSotheby's International Realty CanadaMore Info
905-296-3930

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.