187 James Street N Hamilton, Ontario L8R 2K9

$369,000

Maintenance, Insurance, Heat, Landscaping, Property Management, Water

$675.29 Monthly

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:49269)

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https://www.realtor.ca/real-estate/30234992/187-james-street-n-hamilton