237 James Street N Hamilton, Ontario L8R 2L2

6898 sqft

$2,875,000

Strategically positioned on a through lot with exposure and access from both James Street North and Severn Street, offering two ground-floor commercial units and four residential units above.This diversified income profile may be suitable as a holding strategy for purchasers interested in properties within growing urban corridors. An abutting parcel located at 29 Severn Street is also available for purchase under separate ownership and representation (MLS#40797994). The availability of two side-by-side properties presents a rare opportunity. Acquiring adjacent parcels may increase total land area and frontage, consolidate lot lines, and provide optionality for improved access, servicing, circulation, parking, site layout, and massing. Paired with applicable zoning permissions, an assembly of this nature may unlock a unique potential development pathway that is independent of — and incremental to — the existing income-producing investment property. 29 Severn Street is a vacant parcel that previously had conceptual drawings prepared for a mixed-use building consisting of 1 commercial unit at grade and 6 residential units above under Permit No. BP-125643; the permit has since expired. The Seller of 29 Severn Street may have drawings or related materials available for purchaser's assistance. James Street North is a vibrant cultural and commercial district known for independent shops, restaurants, galleries, and Art Crawl events that draw strong local and regional foot traffic. The corridor has also benefited from sustained institutional and private investment, including the redevelopment of the TD Colosseum, which has emerged as a major economic contributor to Hamilton’s downtown by attracting international touring acts, large-scale events, and hundreds of thousands of new visitors and potential customers annually. Recent features include wiring upgrades, a Laars FT Series boiler/tankless system (2005). (id:43681)

房源概要

MLS® Number 40796237
房源类型 Other
附近的便利设施 医院, 公共交通
社区特征 High Traffic Area
特征 Visual Exposure

详 情

地下室类型 Full
储存空间 3
Size Exterior 6898.0000
内部尺寸 6898 Sqft
设备间 市政供水

车 位

附加车库

土地

入口类型 Highway Access
英亩数
土地便利设施 医院, 公共交通
污水道 城市污水处理系统
土地深度 162 Ft
土地宽度 28 Ft
不规则大小 0.08
Size Total 0.08 Ac|under 1/2 Acre
规划描述 D2 - Downtown Mixed Use - Pedestrian Focus

https://www.realtor.ca/real-estate/29265353/237-james-street-n-hamilton