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Dennis Mehravar

[email protected] +1(519) 498-1229

Listed by Martinus Dominicus Geleynse • Corcoran Horizon Realty

$ 369,000

Est. payment -/mo

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Active

187 James Street N Hamilton, ON L8R 2K9

823 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building Only

Listing Status Active

Purchase Type For Sale

Square Footage 823 sqft

Price per Sqft $448

MLS Listing ID 40860381

HOA Fees $675/mo

HOA Y/N Yes

Abv Grd Liv Area 823

Annual Tax Amount $7,064

Property Sub-Type Building Only

Source Cornerstone

Property Description

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.

Location

Province ON

County Hamilton

Area 10 - Hamilton West

Zoning D2 - Downtown Mixed Use - Pedestrian Focus

Direction James St. N. between Mulberry St. and Cannon St. W.

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Garage Spaces 1.0

Street Surface Paved

Garage No

Building

Lot Description Ample Parking, City Lot, High Traffic Area, Highway Access, Hospital, Major Anchor, Marina, Public Transit, Schools, Visual Exposure, Other

Faces James St. N. between Mulberry St. and Cannon St. W.

Story 1

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

HOA Fee Include Insurance,Building Maintenance,Central Air Conditioning,Common Elements,Maintenance Grounds,Heat,Property Management Fees,Water

Senior Community No

Tax ID 185740003

Ownership Condominium

NEARBY SCHOOLS & PROPERTIES

Dennis Mehravar

Broker

+1(519) 498-1229

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