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148 James Street Image 1

$1,699,000

$1,779,000
4.5% dropped

Last price change Apr 2

Feb 11Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X11968119

148 James Street, Hamilton, ON L8P 3A2

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 148 James Street

An exceptional investment opportunity, this mixed-use commercial building offers strong in-place cash flow with excellent future upside. Home to the incredibly popular and stylish Coffee Run Co. coffee shop, along with three beautiful residential apartments (1 studio, 1 one-bedroom, and 1 two-bedroom) and a second vacant commercial unit, this property offers a mix of steady income and potential for growth. Recently renovated from top to bottom, the building has been largely rebuilt and includes updated electrical, plumbing, and mechanical systems. The rear parking is conveniently accessible via the laneway; ideal for tenants. Situated in the heart of the vibrant Augusta restaurant district, the building boasts excellent visibility on James Street South. Surrounded by development, this prime location is just steps from St. Josephs Hospital and under 300 meters from the Hunter Street GO Train and Bus station. With only the basement unit vacant, the property is generating strong income, and significant upside potential remains as this area becomes an increasingly popular hospitality hub. The seller is open to negotiating favourable VTB financing terms with a strong offer. Don't miss your chance to own a prime property in Hamilton's rapidly growing core!

Home Overview

Last updated

Apr 2

Virtual tour

None

Basement information

Building size

3471

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by Sotheby's International Realty Canada, Brokerage

Additional Details

Basement:N/A
Cooling:Partial
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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