148 James Street
Hamilton, L8P 3A2
FOR SALE
$1,699,000
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Investment
CATEGORY 24.5 x 120
LOT SIZE X13756478
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Property Description
An exceptional investment opportunity, this mixed-use commercial building offers strong in-place cash flow with excellent future upside. Home to the incredibly popular and stylish Coffee Run Co. coffee shop, along with three beautiful residential apartments (1 studio, 1 one-bedroom, and 1 two-bedroom) and a second vacant commercial unit, this property offers a mix of steady income and potential for growth. Recently renovated from top to bottom, the building has been largely rebuilt and includes updated electrical, plumbing, and mechanical systems. The rear parking is conveniently accessible via the laneway; ideal for tenants. Situated in the heart of the vibrant Augusta restaurant district, the building boasts excellent visibility on James Street South. Surrounded by development, this prime location is just steps from St. Joseph's Hospital and under 300 meters from the Hunter Street GO Train and Bus station. With only the basement unit vacant, the property is generating strong income, and significant upside potential remains as this area becomes an increasingly popular hospitality hub. The seller is open to negotiating VTB financing support with a strong offer. Don't miss your chance to own a prime property in Hamilton's rapidly growing core!
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Property Details
Address
148 James Street
Community
City
Postal Code
L8P 3A2
Property Type
Investment, Investment
Use
Retail
Zoning
D2 - Dt Mixed Use - Pedestrian Focus
Lot Size
24' x 120'
Taxes
$14,279 (2026
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
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Listing contracted with Corcoran Horizon Realty
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