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Listed by Nowrin Tabassum • Right at Home Realty
$ 999,000
Est. payment /mo
Active
201 James Street N Hamilton, ON L8R 2L2
2,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $399
MLS Listing ID 40814145
Abv Grd Liv Area 2,500
Annual Tax Amount $13,610
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Building and Land
Source Cornerstone
Lot Depth 123.57
Lot Front 20.59
Lot Depth 123.57
Lot Front 20.59
Property Description
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, previously called Gate of India, 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.Please do not go direct.
Location
Province ON
County Hamilton
Area 10 - Hamilton West
Zoning H
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 20.59
Lot Depth 123.57
Garage No
Building
Lot Description City Lot, High Traffic Area, Public Transit, Rail Access, Visual Exposure, Other
Story 1
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 171600214
Ownership Freehold/None
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