$1,699,000
Available - For Sale
Listing ID: X11968119
148 James Stre South , Hamilton, L8P 3A2, Hamilton
| 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. Josephs 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 favourable VTB financing terms with a strong offer. Don't miss your chance to own a prime property in Hamilton's rapidly growing core! |
| Price | $1,699,000 |
| Taxes: | $13203.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 148 James Stre South , Hamilton, L8P 3A2, Hamilton |
| Postal Code: | L8P 3A2 |
| Province/State: | Hamilton |
| Directions/Cross Streets: | James St South & Augusta St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 3471.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 100+ |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Sotheby's International Realty Canada, Brokerage |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Durand |
| Approximate Age: | 100+ |
| Tax: | $13,203 |
| Fireplace: | N |
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