187 JAMES Street N

About this home

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:66966)

Details

Type

Retail

Size

823 sq ft

Basement

None

Maintenance fee

$675/month

Neighbourhood

Strathcona Central North

Municipality

Hamilton

Interior

Fireplace

No

Heating, cooling and services

Water and sewer

Municipal sewage system

Building and exterior

Building area

823 square feet

Parking

Total parking

1

Driveway and parking

Underground

Location

Location is approximate. See nearby homes on the map