187 JAMES Street North, Hamilton, Ontario L8R2K9

Listing courtesy of Corcoran Horizon Realty.

$369,000
823
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$369,000
MLS®
40860381
Days on Market
5
Status
ACTIVE
Type
Condo
Subtype
Retail
Living Area
823
Subdivision
101 - Strathcona Central North

Property 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:5764)

Additional Information

Ownership
Condo/Strata
Subdivision
101 - Strathcona Central North
Parking Spaces
1
Country
Canada
Sewer
Municipal sewage system
Community Features
High Traffic Area
Lot Features
Visual exposure
Stories
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks