148 James Street S, Hamilton, Ontario

About 148 James Street S

A standout mixed-use investment in the heart of James Street South priced at a 6.4% cap rate. Fully leased, extensively improved, and exceptionally well located, 148 James Street South offers the rare combination of quality real estate, strong tenancy, diversified income, and low ongoing capital requirements. The property includes two beautifully built-out commercial spaces and three renovated residential apartments. The main floor is occupied by a thriving coffee shop, while the lower level is home to a successful fitness studio. Above are one studio, one one-bedroom, and one two-bedroom apartment. The building has undergone substantial improvements, including complete reconstruction of the residential suites and extensive upgrades to electrical, plumbing, and mechanical systems. With significant additional investment made by the commercial tenants, the property is now fully built out, fully occupied, and positioned as a highly desirable asset. Prominently located on James Street South in the Augusta Street restaurant district, the property is steps from St. Joseph’s Healthcare Hamilton, downtown amenities, and less than 300 metres from the Hamilton GO Centre. A compelling addition to any investment portfolio: strong fundamentals, significant capital investment, and excellent long-term value in one of Hamilton’s most established urban nodes. (id:6289)

More Info on this 122 - Durand North Residential Commercial Mix MLS® listing

148 James Street S is a residential commercial mix listing for sale in Hamilton. The MLS® number is 40872464. It covers 5,184 square feet. It's currently listed for $1,599,000. For more details on MLS® 40872464, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This residential commercial mix listing in 122 - Durand North is available now!

Selling your 122 - Durand North Residential Commercial Mix property?

Have a similar home to 148 James Street S? If you’re thinking about selling your 122 - Durand North residential commercial mix property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Hamilton property.

Listing Map