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148 JAMES Street S, Hamilton, Ontario, L8P 3A2

MLS® # 40872464
new listing
Commercial For Sale In Durand, Hamilton, Ontario
$1,599,000

None Beds

148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
  • Advertising
148 JAMES Street S, Hamilton, Ontario, L8P 3A2
$1,599,000

Property Information:

A standout mixed-use investment in the heart of James Street South priced at a 6.4% cap rate. Fully leased, extensively improved, and exceptionally well located, 148 James Street South offers the rare combination of quality real estate, strong tenancy, diversified income, and low ongoing capital requirements. The property includes two beautifully built-out commercial spaces and three renovated residential apartments. The main floor is occupied by a thriving coffee shop, while the lower level is home to a successful fitness studio. Above are one studio, one one-bedroom, and one two-bedroom apartment. The building has undergone substantial improvements, including complete reconstruction of the residential suites and extensive upgrades to electrical, plumbing, and mechanical systems. With significant additional investment made by the commercial tenants, the property is now fully built out, fully occupied, and positioned as a highly desirable asset. Prominently located on James Street South in the Augusta Street restaurant district, the property is steps from St. Joseph’s Healthcare Hamilton, downtown amenities, and less than 300 metres from the Hamilton GO Centre. A compelling addition to any investment portfolio: strong fundamentals, significant capital investment, and excellent long-term value in one of Hamilton’s most established urban nodes. (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Basement Type: Partial
  • Exterior Finish: Stone
  • Floor Space: 5184 sqft
  • Foundation Type: Stone

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Amenities Nearby: Hospital, Public Transit
  • Community Features: High Traffic Area
  • Features: Visual exposure, Paved driveway
  • Floor Space (approx): 5184 Square Feet
  • Lot Depth: 120 Feet
  • Lot Frontage: 25 Feet
  • Zoning: D2 - Downtown Mixed Use - Pedestrian Focus
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Courtesy of: Corcoran Horizon Realty

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Location of 148 JAMES Street S, Hamilton, Ontario, L8P 3A2

Demographic Information of 148 JAMES Street S, Hamilton, Ontario, L8P 3A2

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$96,165.81

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.0 %

High school certificate or equivalent

24.13 %

Apprenticeship trade certificate/diploma

3.96 %

College/non-university certificate

19.87 %

University certificate (below bachelor)

2.53 %

University Degree

37.52 %

Commuter

Travel To Work

By Car

60.04 %

By Public Transit

20.35 %

By Walking

15.75 %

By Bicycle

0.21 %

By Other Methods

3.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.55 %

Houses

10.45 %

Own Vs. Rent

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