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148 James Street S, Hamilton, ON, L8P 3A2

MLS® # 40693725
Commercial For Sale In Durand, Hamilton, Ontario
$1,699,000
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
148 James Street S, Hamilton, ON
  • Advertising
148 James Street S, Hamilton, ON, L8P 3A2
$1,699,000

Property Information:

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!

Inclusions: Apartment Appliances: 3 Laundry Machines, 3 Fridges, 3 Dishwashers, 3 Stoves

Exclusions : All Tenant Belongings

Building Features:

  • Floor Space: 5184 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full
  • Construction Materials: Stone
  • Floor Space (approx): 5184 Square Feet
  • Lot Depth: 120 Feet
  • Lot Features: City Lot, High Traffic Area, Hospital, Public Transit, Visual Exposure
  • Lot Frontage: 24.51 Feet
  • Parking Features: Asphalt
  • Water Source: Municipal
  • Zoning: D2 - Downtown Mixed Use - Pedestrian Focus
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: Sotheby's International Realty Canada

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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Market Price Trends

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Location of 148 James Street S, Hamilton, ON, L8P 3A2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 148 James Street S, experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past
32.1℃
2050
35.6℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 148 James Street S, experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past
306.7mm
2050
381.7mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 148 James Street S, Hamilton, ON, L8P 3A2

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$96,165.81

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.0 %

High school certificate or equivalent

24.13 %

Apprenticeship trade certificate/diploma

3.96 %

College/non-university certificate

19.87 %

University certificate (below bachelor)

2.53 %

University Degree

37.52 %

Commuter

Travel To Work

By Car

60.04 %

By Public Transit

20.35 %

By Walking

15.75 %

By Bicycle

0.21 %

By Other Methods

3.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.55 %

Houses

10.45 %

Own Vs. Rent

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