148 James Street S , 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. 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!
Details
| MLS# | 40693725 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 34 |
| Listing Provided By | Sotheby's International Realty Canada | Martinus Geleynse |
Features
| SQ Feet | 5,184 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | D2 - Downtown Mixed Use - Pedest |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8P 3A2 |
| Area | 12 Hamilton West |
| Subarea | 122 Durand North |
| Community Name | 122 Durand North |
| Listing VS Median (In 122 Durand North) | |
Price: $1,779,000 low | high Med: $409,900 SqFt: 5,184 low | high Med: 1,004 $ / SqFt: $343 low | high Med: $408 On site: 34 low | high Med: 34.000000 | |