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.Please do not go direct. (id:4555)
PROPERTY SPECS
Price $999,000
City Hamilton, Ontario
Address 201 JAMES Street
Listing ID 40814145
Square Footage 2500
Land Size 0.06
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeOtherCommunity FeaturesHigh Traffic AreaFeaturesVisual exposureOwnershipFreeholdBasementFullSewerMunicipal sewage system