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187 JAMES Street N — photo 1 of 1

187 JAMES Street N

Hamilton, Ontario, L8R2K9

$369,000

Living area

823 square feet

Parking

1

About this property

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. (id:66779)

Details

Sewer
Municipal sewage system
List aor
Cornerstone
Stories
1
Basement
None
Directions
James St. N. between Mulberry St. and Cannon St. W.
Fireplace
No
Lot features
Visual exposure
Water source
Municipal water
Structure type
Retail
Association fee
675.29
Parking features
Underground
Tax annual amount
7,064.54
Community features
High Traffic Area
Zoning description
D2 - Downtown Mixed Use - Pedestrian Focus
Association fee includes
Landscaping, Property Management, Heat, Water, Insurance
Association fee frequency
Monthly

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