$334,900
Hamilton
185 JAMES Street North, Hamilton, Ontario, L8R2K9
This retail property in Hamilton is for sale offering roughly 732 sq ft of space. It has been on the market 20 days, fresher than the Hamilton average of 65 days.
A rare opportunity to own commercial space in one of Hamilton’s most desirable mixed-use condominium buildings, brilliantly positioned at the corner of James Street North and Mulberry Street in the heart one of the city’s leading vibrant arts, culture and dining districts. These high-visibility retail condominiums are offered in shell condition - ready for a purchaser to build out to suit their business. Ideal for a wide range of retail, service, office or storefront uses, the units may be purchased individually or together, creating flexibility for both owner-occupiers and investors. Heating and cooling and water are all included in the condominium fees, leaving electricity as the unit’s only directly metered utility. Shared common-element washrooms eliminate the need to dedicate valuable floor area or maintenance responsibility to private facilities, while each unit also includes an on-site storage locker and a parking space in the building’s secure indoor garage. The location is exceptional: steps from the shops, galleries, cafes 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. Priced with owner-occupiers in mind, these units offer a compelling alternative to leasing comparable space in the area. Rather than simply paying rent, a purchaser has the opportunity to control their premises, build equity over time and establish their business in one of downtown Hamilton’s highest-demand commercial hotspots. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 20 days on market, against an average age of 65 days across the listings currently for sale in this city
This retail in Hamilton has been listed for 20 days, which is 45 days fresher than the city average of 65. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $334,900, about 6.2× the local median household income of $53,600.
Carrying it typically needs a household income of about $65,418 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8R)
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