Prime investment opportunity located in the heart of downtown Hamilton. This standalone mixed-use property is situated near the GO Station and all local amenities. It features a well-established restaurant space with a 40-year history, currently leased to a new owner. The property offers strong cash flow and a favorable cap rate and includes a full basement along with two dedicated owner parking spaces at the rear. This property presents an outstanding opportunity for investors or business owners seeking income, flexibility, and long-term upside. Also, there is potential to build a high rise in the future. The buyer has to do their own due diligence for tax, sq ft, and zoning. Please do not go direct. (id:63008)
| MLS® Number | 40814145 |
| Property Type | Other |
| Neigbourhood | Central Hamilton |
| AmenitiesNearBy | Public Transit |
| CommunityFeatures | High Traffic Area |
| Features | Visual Exposure |
| BasementType | Full |
| StoriesTotal | 1 |
| SizeExterior | 2500.0000 |
| SizeInterior | 2500 Sqft |
| UtilityWater | Municipal Water |
| AccessType | Rail Access |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 124 Ft |
| SizeFrontage | 21 Ft |
| SizeIrregular | 0.06 |
| SizeTotal | 0.06 Ac|under 1/2 Acre |
| SizeTotalText | 0.06 Ac|under 1/2 Acre |
| ZoningDescription | H |
https://www.realtor.ca/real-estate/29518901/201-n-james-street-n-hamilton
Nowrin Tabassum
Salesperson