197 James Street

ActiveHamilton · Central22 days on marketMLS® X13567318
$2,999,990
$307 / sq ft
Bedrooms0
Bathrooms0
Interior9,774 sq ft
Lot Size3,412 sq ft
TypeCommercial
ListingFor Sale
Days on Market22

About this property

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

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX13567318
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size9,774 sq ft
Lot Size3,412 sq ft
Beds / Baths0 bed · 0 bath
NeighbourhoodCentral
CityHamilton
Postal CodeL8R 2L2
ProvinceON
Listed DateJuly 15, 2026
Days on Market22
Price per Sq Ft$307
BrokerageREVEL REALTY INC.

Location

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Listed by REVEL REALTY INC.