201 James Street N Hamilton, Ontario L8R 2L2
$999,000
Prime investment opportunity located in the heart of downtown Hamilton. This standalone mixed-use property is situated near the GO Station and all local amenities. It features a well-established restaurant space with a 40-year history, previously called Gate of India, currently leased to a new owner. The property offers strong cash flow and a favorable cap rate and includes a full basement along with two dedicated owner parking spaces at the rear. This property presents an outstanding opportunity for investors or business owners seeking income, flexibility, and long-term upside. Also, there is potential to build a high rise in the future. The buyer has to do their own due diligence for tax, sq ft, and zoning. Please do not go direct. (id:63203)
Property Details
| MLS® Number | X12928640 |
| Property Type | Retail |
| Community Name | Central |
| Parking Space Total | 2 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,500 Ft2 |
| Utility Water | Municipal Water |
Parking
| Other |
Land
| Acreage | Yes |
| Size Depth | 123 Ft ,6 In |
| Size Frontage | 20 Ft ,7 In |
| Size Irregular | 2500 |
| Size Total | 2500 Ac |
| Size Total Text | 2500 Ac |
| Zoning Description | Central |
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