Property Information:
This renovated property offers a fantastic opportunity to invest in the bright future of James St North! Ideal for an owner-operator setup with a vacant retail unit and a fabulous 2-storey loft apartment, this building is larger than it looks. The main floor retail unit boasts soaring ceilings with beautiful brick walls. The unit is in shell condition, awaiting a tenant or owner's business - there are City funding programs available to help. The ultra-flexible D2 zoning allows for a wide array of uses! Upstairs is a large 2-storey apartment with generous living space, high ceilings, and plenty of character. The apartment is currently occupied by the owner and can be leased back or vacated upon closing. The building has separate electrical service for each unit, with 200A electricity on a new panel for the retail unit and the upstairs apartment on its own 60A service. Behind the building, at the rear of the property, there is space for parking two vehicles. The location is unbeatable: across the street from the West Harbour GO Transit station and from the major redevelopment site of the former Mission Services property. Surrounded by restaurants, galleries, boutique retail and multiple new developments, this location is close to the waterfront, the downtown core, and in the midst of one of Hamilton's most vibrant arts and culture districts! Seller is willing to consider a partial VTB.
