187 James Street North, Hamilton (Central), Ontario, L8R2K9




$354,900
Hamilton
This retail property in Hamilton is for sale offering roughly 823 sq ft of space. It has been on the market 20 days, fresher than the Hamilton average of 71 days.
A rare opportunity to acquire a fully leased commercial condominium in one of Hamilton's most desirable pockets, brilliantly positioned at the corner of James Street North and Mulberry Street in the heart of the city's vibrant arts, culture and dining district. This high-visibility retail unit is fully built out, operational, and occupied by The UPS Store under a triple-net lease, offering an investor the benefit of established tenancy, recognizable national branding, and a low-management ownership structure. The unit is part of the condos at Acclamation, an exceptionally well-maintained and well-governed condominium building, with centralized water, heating and cooling included in the condominium fees. Shared common-element washrooms reduce maintenance obligations within the unit itself. The location is exceptional: surrounded by the independent retailers, cafés, galleries 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. For investors seeking a stable commercial asset in one of downtown Hamilton's strongest and most recognizable locations, this offering combines high visibility, quality real estate, established tenancy and largely carefree triple-net income. Note: This is listing is for the real property only and does include the sale of the tenant's business. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 20 days on market, against an average age of 71 days across the listings currently for sale in this city
This retail in Hamilton (Central) has been listed for 20 days, which is 51 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $354,900, about 6.6× the local median household income of $53,600.
Carrying it typically needs a household income of about $69,324 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8R)
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