$2,999,990
197 James Street N, Hamilton, ON L8R 2L2
Hamilton
- Square feet
- 9,774
- Type
- Commercial Retail
About this listing
Presenting 193-197 James Street North, on one of the most prestigious streets Hamilton has to offer. Steps to public transit, West Harbour Go Station, Acclamation Condos & other thriving businesses & future developments- this infamous building originally the Armoury Hotel has evolved to what is now a 21 unit office/retail asset. Offered at a 7.68% cap rate & set on the corner of James St N & Mulberry, this ~ 9700 square foot (as per MPAC) all brick building features a long time anchor tenant, Snafu Studios (both at street level) with 19 studio/office spaces across the second and third floors stable with young professional tenants & low vacancy producing ~$300,000 in annual gross income (before recoverable). The property also features forced air (dual system), central air (multiple units), high speed internet, hardwood floors while the office floors are equipped with 4 bathrooms (3 w/showers) and a shared kitchenette. Huge upside in converting office leases to a net structure (6/19 converted) and driving up NOI. All office tenants can also enjoy secured entry! An incredible opportunity to add to any commercial portfolio! Phase 1 & 2 ESA reports available. BUSINESSES NOT FOR SALE
Property details
- Price per sqft
- $307
- Days on market
- 19 days
- Property taxes
- $28,585/yr (2026)
- Lot size
- 42.86 × 80.29 Feet
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Payment calculator
- Mortgage amount
- $2,399,992
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
View Walk Score, Transit Score & Bike Score
Walkability, transit, and bike-friendliness for 197 James Street N, Hamilton, ON L8R 2L2
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13567318
Listed by REVEL REALTY INC.
On market since Jul 15, 2026
Similar listings
About 197 James Street N, Hamilton, ON L8R 2L2
How much is 197 James Street N, Hamilton, ON L8R 2L2?
197 James Street N, Hamilton, ON L8R 2L2 is listed for $2,999,990 CAD.
What type of property is 197 James Street N, Hamilton, ON L8R 2L2?
197 James Street N, Hamilton, ON L8R 2L2 is a Commercial Retail, 9,774 sq ft.
What neighbourhood is 197 James Street N, Hamilton, ON L8R 2L2 in?
197 James Street N, Hamilton, ON L8R 2L2 is in Hamilton, Ontario.
Is 197 James Street N, Hamilton, ON L8R 2L2 for sale or for rent?
197 James Street N, Hamilton, ON L8R 2L2 is currently for sale.
How do I book a showing for 197 James Street N, Hamilton, ON L8R 2L2?
Contact Michael Mezheritsky at 4167164439 to arrange a private showing of 197 James Street N, Hamilton, ON L8R 2L2 (MLS# X13567318). You can also send a message through the contact form on this site.