$3,399,000
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178 James Street N, Hamilton, ON L8R2L1

- Beds
0 Baths
5,522 Sq Ft

A true landmark, this stunning mixed-use property offers a fabulous investment with both strong appreciation and cashflow upside. Home to the iconic, well-established Rapscallion Restaurant on the main and basement levels, this building also includes five apartments on the upper floors. The main floor restaurant unit is truly a showpiece; fully renovated into a luxurious fine dining establishment only four years ago. Lavishly finished with fine materials and truly beautiful design, the sprawling restaurant is licensed for 140 guests indoors and offers a huge, partially-covered 30-seat patio behind the building. In addition to the substantial renovations done to the main and lower levels, two of the apartments have been renovated, and additional work has been done two other units. Despite the residential rents being well below market, this exceptional building is being offered at a 5.5% cap rate. Located in the heart of the thriving James North arts and dining district, this building is surrounded by cafes, shops, and thousands of residential units under construction! It is also only a short walk to the financial core, the West Harbour GO station, and the $280 million arena project. It doesn't get better than this: location, cashflow, stability, and upside! (id:55598)

  • MLS® 40653231
  • Date Listed10/24/2024
  • Days on Realty 3 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Other
  • Water Public
  • Square Feet 5,522 sq. ft
  • Price Per Sq. Ft $615.54

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / L8R2L1

Source: Walkscore

99/100

Walker's Paradise

Walk Score ®

85/100

Excellent Transit

Transit Score ®

93/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

34 nearby routes: 33 bus, 1 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 47/100, Bike Score: 54/100.

Points of interest near 178 JAMES Street N, Hamilton, ON L8R2L1

Frequently Asked Questions for 178 JAMES Street N

Source: Realty.com

178 JAMES Street N, Hamilton, ON L8R2L1 is a Other, Commercial Sale property listed for $3,399,000 The property is 5522 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 17 photos of 178 JAMES Street N.

The full address for this home is 178 JAMES Street N, Hamilton, ON L8R2L1.

178 JAMES Street N has been listed on Realty.com since Thu October 24, 2024

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 47/100, Bike Score: 54/100.

Listing provided courtesy of: Sotheby's International Realty Canada, Brokerage (tel: (905) 296-3930)
Listing agent: Martinus Geleynse (tel: (905) 537-4819)

This content last refreshed on 2024-10-27 18:33:25. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 178 JAMES Street N, Hamilton, ON L8R2L1 : MLS® 40653231