50
See all 50 photos
$2,875,000
Est. payment /mo
6,898 SqFt
Active
237 JAMES Street N Hamilton, ON L8R2L2
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 6898
Square Footage 6,898 sqft
Price per Sqft $416
Subdivision 101 - Strathcona Central North
MLS® Listing ID 40796237
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Freehold
Property Description
Strategically positioned on a through lot with exposure and access from both James Street North and Severn Street, offering two ground-floor commercial units and four residential units above.This diversified income profile may be suitable as a holding strategy for purchasers interested in properties within growing urban corridors. An abutting parcel located at 29 Severn Street is also available for purchase under separate ownership and representation (MLS#40797994). The availability of two side-by-side properties presents a rare opportunity. Acquiring adjacent parcels may increase total land area and frontage, consolidate lot lines, and provide optionality for improved access, servicing, circulation, parking, site layout, and massing. Paired with applicable zoning permissions, an assembly of this nature may unlock a unique potential development pathway that is independent of — and incremental to — the existing income-producing investment property. 29 Severn Street is a vacant parcel that previously had conceptual drawings prepared for a mixed-use building consisting of 1 commercial unit at grade and 6 residential units above under Permit No. BP-125643; the permit has since expired. The Seller of 29 Severn Street may have drawings or related materials available for purchaser's assistance. James Street North is a vibrant cultural and commercial district known for independent shops, restaurants, galleries, and Art Crawl events that draw strong local and regional foot traffic. The corridor has also benefited from sustained institutional and private investment, including the redevelopment of the TD Colosseum, which has emerged as a major economic contributor to Hamilton's downtown by attracting international touring acts, large-scale events, and hundreds of thousands of new visitors and potential customers annually. Recent features include wiring upgrades, a Laars FT Series boiler/tankless system (2005). (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features Yes
Community Features High Traffic Area
View Y/N No
Attached Garage Yes
Garage Yes
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by eXp Realty
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION