195 Ottawa St N - Storefront FOR SALE


Hamilton, ON L8H 3Z4- Hamilton Central East B
$2,450,000 CAD
416-318-5825
195 Ottawa St N, Hamilton, ON for Sale
$2,450,000 CAD
Storefront - FOR SALE
1/43
null | Request Cap Rate

195 Ottawa St N
Hamilton, ON L8H 3Z4
Hamilton Central East B


HIGHLIGHTS

  • Heavy foot traffic
  • Levelled & re-sealed floors
  • Ottawa St. BIA & Financial Incentive Program

OVERVIEW

Welcome to the Avon Theatre, one of Hamilton's most iconic landmarks, now available for the first time in over a decade. Originally opened on June 16, 1941 as the 770-seat Avalon Theatre, this roughly 8,400 sqft building sits on Hamilton's premier Ottawa Street corridor with 50' frontage and C5a zoning, permitting entertainment, hospitality, restaurant, retail and more. The building retains stunning original character: professionally polished concrete floors, restored Vitrolite glass, exposed brick, and a fully restored marquee with LED lighting and programmable timers. The theatre space features soaring 20' ceilings, new dimmable lighting throughout, and a fully equipped stage with a dedicated electrical panel and power outlets. Capital improvements include a new roof (2010), 600V 3-phase electrical service, full lobby restoration, including plaster and neon tube repair with new transformers, two new hot water tanks, and a 2012 lobby furnace. The marquee and Avon signage have been fully restored and painted to match the original design. Located in the heart of Ottawa Street's thriving commercial district, Hamilton's premier destination for antiques, design, food and culture, this property benefits from strong foot traffic, an active BIA, and a community that deeply values this building's place in the city's history. The Avon character benefits from a historical recognition without any physical restrictions. Whether its future holds a film studio, event venue, performing arts space, brewery, or restaurant - the bones are here and the infrastructure is ready

FOR SALE DETAILS

PRICE

$2,450,000 CAD

PRICE/SF

$306 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Residential, Showroom, Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C5A

APN/PARCEL ID

251804028500130

ASK ABOUT THIS PROPERTY

Joshua ChisvinCV Real EstateMore Info
416-318-5825

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Joshua ChisvinCV Real EstateMore Info
416-318-5825

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