201 James Street N Hamilton, Ontario L8R 2L2

$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:55460)

Property Details

MLS® Number	X12928640
Property Type	Retail
Community Name	Central
Parking Space Total	2

Building

Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	2,500 Ft2
Utility Water	Municipal Water

Parking

Other

Land

Acreage	Yes
Size Depth	123 Ft ,6 In
Size Frontage	20 Ft ,7 In
Size Irregular	2500
Size Total	2500 Ac
Size Total Text	2500 Ac
Zoning Description	Central

https://www.realtor.ca/real-estate/29525122/201-james-street-n-hamilton-central-central