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$1,699,000
Available - For Sale
Listing ID: X11968119
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: $13,203
Tax Type: Annual
Occupancy by: 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
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Building Percentage: T
Total Area: 3,471
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Approximatly Age: 100+
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Partial
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Sotheby's International Realty Canada, Brokerage

148 James Stre South , Hamilton, L8P 3A2, Hamilton


 
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At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Durand
Style:
Lot Size: x 120.00(Feet)
Approximate Age: 100+
Tax: $13,203
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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