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. The buyer has to do their own due diligence for tax, sq ft, and zoning. Please do not go direct. (id:60365)
| MLS® Number | X12928640 |
| Property Type | Retail |
| Community Name | Central |
| ParkingSpaceTotal | 2 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 2500 Sqft |
| UtilityWater | Municipal Water |
| Other |
| Acreage | Yes |
| SizeDepth | 123 Ft ,6 In |
| SizeFrontage | 20 Ft ,7 In |
| SizeIrregular | 2500 |
| SizeTotal | 2500 Ac |
| SizeTotalText | 2500 Ac |
| ZoningDescription | Central |
https://www.realtor.ca/real-estate/29525122/201-james-street-n-hamilton-central-central
Tahmid Ahmed
Broker