2,500 ft2
$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:56248)
Property Details
|
MLS® Number
|
40814145 |
|
Property Type
|
Other |
|
Amenities Near By
|
Public Transit |
|
Community Features
|
High Traffic Area |
|
Features
|
Visual Exposure |
Building
|
Basement Type
|
Full |
|
Stories Total
|
1 |
|
Size Exterior
|
2500.0000 |
|
Size Interior
|
2,500 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Rail Access |
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
124 Ft |
|
Size Frontage
|
21 Ft |
|
Size Irregular
|
0.06 |
|
Size Total
|
0.06 Ac|under 1/2 Acre |
|
Size Total Text
|
0.06 Ac|under 1/2 Acre |
|
Zoning Description
|
H |
https://www.realtor.ca/real-estate/29518901/201-n-james-street-n-hamilton