New Listing
187 James Street N,Hamilton (Central), ON L8R2K9
Hamilton (Central), ON L8R2K9
Description
A rare opportunity to acquire a fully leased commercial condominium in one of Hamilton's most desirable pockets, brilliantly positioned at the corner of James Street North and Mulberry Street in the heart of the city's vibrant arts, culture and dining district. This high-visibility retail unit is fully built out, operational, and occupied by The UPS Store under a triple-net lease, offering an investor the benefit of established tenancy, recognizable national branding, and a low-management ownership structure. The unit is part of the condos at Acclamation, an exceptionally well-maintained and well-governed condominium building, with centralized water, heating and cooling included in the condominium fees. Shared common-element washrooms reduce maintenance obligations within the unit itself. The location is exceptional: surrounded by the independent retailers, cafés, galleries and businesses that define James North, and within easy reach of the West Harbour GO Station, Hamilton's waterfront, and the downtown financial and employment core. For investors seeking a stable commercial asset in one of downtown Hamilton's strongest and most recognizable locations, this offering combines high visibility, quality real estate, established tenancy and largely carefree triple-net income. Note: This is listing is for the real property only and does include the sale of the tenant's business. (id:13843)
Details
| MLS # | X14082564 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Days On Site | 6 |
| Listing Provided By | Corcoran Horizon Realty | MARTINUS GELEYNSE |
Features
| SQ Feet | 823 |
|---|---|
| Zoning | D2 - Downtown Mixed Use - Pedest |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Features | Underground |
|---|---|
| Parking Total | 1 |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 7064.54 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton (Central) |
| Postal Code | L8R2K9 |
| Listing VS Median (in L8R2K9) | |
Price: $354,900 low | high Med: $319,900 sqft: 823 low | high Med: 693 $ / sqft: $431 low | high Med: $462 On site: 6 low | high Med: 6 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton (Central) |
| Postal Code | L8R2K9 |
| Listing VS Median (in L8R2K9) | |
Price: $354,900 low | high Med: $319,900 sqft: 823 low | high Med: 693 $ / sqft: $431 low | high Med: $462 On site: 6 low | high Med: 6 | |
