187 JAMES Street N

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:67197)

Price

$369,000

Property Type

Retail

Transaction Type

For sale

Parking

1

MLS® Number

40860381

Interior Size

823 sqft

Ownership Type

Condominium

Building Type

Retail

Basement

None

Fireplace

No

Interior Size

823 sqft

Stories

1

Water

Municipal water

Acreage

No

Sewer

Municipal sewage system

Amenities Nearby

Hospital, Marina, Public Transit, Schools

• Visual exposure
• Hospital
• Marina
• Public Transit
• Schools

Ownership Type

Condominium

Maintenance Fee

675.29

Maintenance Fee Type

Insurance, Heat, Landscaping, Property Management, Water

Payment Unit

Monthly