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$964,900
Available - For Sale
Listing ID: X8484084
This renovated property offers a fantastic opportunity to invest in the bright future of James St North! Ideal for an owner-operator setup with a vacant retail unit and a fabulous 2-storey loft apartment, this building is larger than it looks. The main floor retail unit boasts soaring ceilings with beautiful brick walls. The unit is in shell condition, awaiting a tenant or owner's business - there are City funding programs available to help. The ultra-flexible D2 zoning allows for a wide array of uses! Upstairs is a large 2-storey apartment with generous living space, high ceilings, and plenty of character. The apartment is currently occupied by the owner and can be leased back or vacated upon closing. The building has separate electrical service for each unit, with 200A electricity on a new panel for the retail unit and the upstairs apartment on its own 60A service. Behind the building, at the rear of the property, there is space for parking two vehicles. The location is unbeatable: across the street from the West Harbour GO Transit station and from the major redevelopment site of the former Mission Services property. Surrounded by restaurants, galleries, boutique retail and multiple new developments, this location is close to the waterfront, the downtown core, and in the midst of one of Hamilton's most vibrant arts and culture districts! Seller is willing to consider a partial VTB.
Price $964,900
Taxes: $4,997.57
Tax Type: Annual
Assessment: $245000
Assessment Year: 2023
Occupancy by: Partial
Address: 334 James St North , Hamilton, L8L 1H2, Ontario
Postal Code: L8L 1H2
Province/State: Ontario
Lot Size: 12 x 100 (Feet)
Directions/Cross Streets: James N b/w Murray and Barton
Zoning: D2 - Downtown Mi
Category: Retail
Building Percentage: Y
Total Area: 1,567
Total Area Code:  Sq Ft
Heat Type: Gas Forced Air Open
Central Air Conditioning: Part
Water: Municipal
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SOTHEBY`S INTERNATIONAL REALTY CANADA

334 James St North , Hamilton, L8L 1H2, Ontario

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Maria Tompson
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Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Beasley
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Lot Size: 12.00 x 100.00(Feet)
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Tax: $4,997.57
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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