Connie Huibers - Coldwell Banker Momentum Logo
$2,999,990
( $306.94Per Sq Foot )
 $16,105 est/mo Sourced by Back At You

197 James Street N,Hamilton, ON L8R 2L2

Hamilton, ON L8R 2L2

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Description

Presenting 193-197 James Street North, on one of the most prestigious streets Hamilton has to offer. Steps to public transit, West Harbour Go Station, Acclamation Condos & other thriving businesses & future developments- this infamous building originally the Armoury Hotel has evolved to what is now a 21 unit office/retail asset. Offered at a 7.68% cap rate & set on the corner of James St N & Mulberry, this ~ 9700 square foot (as per MPAC) all brick building features a long time anchor tenant, Snafu Studios (both at street level) with 19 studio/office spaces across the second and third floors stable with young professional tenants & low vacancy producing ~$300,000 in annual gross income (before recoverable). The property also features forced air (dual system), central air (multiple units), high speed internet, hardwood floors while the office floors are equipped with 4 bathrooms (3 w/showers) and a shared kitchenette. Huge upside in converting office leases to a net structure (6/19 converted) and driving up NOI. All office tenants can also enjoy secured entry! An incredible opportunity to add to any commercial portfolio! Phase 1 & 2 ESA reports available. BUSINESSES NOT FOR SALE

Details

MLS #40848305
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive Under Contract
Days On Site42
Listing Provided ByRevel Realty Inc. | Abdellah Majd

Features

SQ Feet9,774
BasementY
Story(s)3
ZoningH
Acreage0.08

Interior

Interior FeaturesHigh Speed Internet
Cooling Yes / NoNo

Exterior

Lot FeaturesHospital, Public Transit
Construction MaterialsBrick, Brick Veneer
Foundation DetailsConcrete Block, Stone
Security FeaturesAlarm System

Utilities

SewerSewer (Municipal)
ElectricSingle Phase

Taxes

Tax Annual Amount28585

Area Information

ProvinceON
RegionHamilton
CityHamilton
Postal CodeL8R 2L2
Area10 Hamilton West
Subarea102 Strathcona
Community Name102 Strathcona
Listing VS Median (in 102 Strathcona)
Price:
$2,999,990
low | high
Med:
$549,950
100% of Average
sqft:
9,774
low | high
Med:
894
100% of Average
$ / sqft:
$307
low | high
Med:
$630
55.17736899554% of Average
On site:
42
low | high
Med:
82
51.219512195122% of Average
Sourced by Back At You

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Learn More About This Property

Connie Huibers

Connie Huibers

Momentum Realty

Real Estate Broker (905) 988-7778connie-huibers@coldwellbanker.ca
ProvinceON
RegionHamilton
CityHamilton
Postal CodeL8R 2L2
Area10 Hamilton West
Subarea102 Strathcona
Community Name102 Strathcona
Listing VS Median (in 102 Strathcona)
Price:
$2,999,990
low | high
Med:
$549,950
100% of Average
sqft:
9,774
low | high
Med:
894
100% of Average
$ / sqft:
$307
low | high
Med:
$630
55.17736899554% of Average
On site:
42
low | high
Med:
82
51.219512195122% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.249M - $3.749M
sqft: 7,000 - 12,000
Nearby Listings Property ImageNearby Listings Details
197 James Street N Property Photo 1
$2,999,990
197 James Street N
Hamilton, ON L8R 2L2
Listing Updated: August 17, 2026 at 6:11:36 PM PDT

Connie Huibers - Coldwell Banker Momentum