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187 JAMES Street N, Hamilton, Ontario, L8R 2K9

MLS® # 40871656
Commercial For Sale In Central, Hamilton, Ontario
$354,900

None Beds

187 James Street N, Hamilton, ON
  • Advertising
187 JAMES Street N, Hamilton, Ontario, L8R 2K9
$354,900

Property Information:

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. Note: This is listing is for the real property only and does include the sale of the tenant's business. (id:27)

Building Features:

  • Style: Retail
  • Building Type: Retail
  • Basement Type: None
  • Floor Space: 823 sqft Square Feet

Property Features:

  • OwnershipType: Condominium
  • Property Type: Retail
  • Access Type: Road access, Highway access
  • Amenities Nearby: Hospital, Marina, Public Transit, Schools
  • Community Features: High Traffic Area
  • Features: Visual exposure
  • Floor Space (approx): 823 Square Feet
  • MaintenanceFee Type: Insurance, Heat, Landscaping, Property Management, Water
  • Zoning: D2 - Downtown Mixed Use - Pedestrian Focus
  • Sewer: Municipal sewage system
  • Parking Type: Underground
  • No. of Parking Spaces: 1

Courtesy of: Corcoran Horizon Realty

REALTOR.ca  

Location of 187 JAMES Street N, Hamilton, Ontario, L8R 2K9

Demographic Information of 187 JAMES Street N, Hamilton, Ontario, L8R 2K9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$101,786.25

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.65 %

High school certificate or equivalent

29.54 %

Apprenticeship trade certificate/diploma

4.19 %

College/non-university certificate

18.67 %

University certificate (below bachelor)

1.08 %

University Degree

22.87 %

Commuter

Travel To Work

By Car

69.83 %

By Public Transit

11.21 %

By Walking

14.81 %

By Bicycle

0.41 %

By Other Methods

3.74 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.94 %

Houses

36.06 %

Own Vs. Rent