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:4069)
Address
201 N JAMES Street N
List Price
$999,000
Property Type
Other
Type of Dwelling
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Floor Area
2,500 Sq. Ft.
Lot Size
0.06 Sq. Ft.
MLS® Number
40814145
Listing Brokerage
Right at Home Realty
Basement Area
Full
Postal Code
L8R2L2
Zoning
H
Site Influences
Public Transit
Features
Visual exposure
