ON > Hamilton > Durand
Hamilton, ON L8P 3A2,148 James ST S
Hamilton, ON L8P 3A2,148 James ST S
Hamilton, ON L8P 3A2,148 James ST S
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,699,000
Est. payment /mo
3,471 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,471 sqft

Price per Sqft $489

Subdivision Durand

MLS Listing ID X11968119

Building Age 100+

Annual Tax Amount $13,203

Tax Year 2024

Property Sub-Type Investment

Lot Depth 120.0

Lot Front 24.5

Property Description

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!

Location

Province ON

County Hamilton

Community Durand

Area Hamilton

Zoning D2 - Dt Mixed Use - Pedestrian Focus

Interior

Cooling Partial

Inclusions Apartment appliances: 3 laundry machines, 3 fridges, 3 dishwashers, 3 stoves

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 24.5

Lot Depth 120.0

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Listed by Sotheby's International Realty Canada, Brokerage

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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