For Sale · Office

191 JAMES Street S Unit# Main Level, Hamilton

191 JAMES Street S Unit# Main Level, Hamilton, ON L8P3A8

Price on request

1,498 SF

Asset Class

Office

Size

1,498 SF

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

95%

About this property

LOCATION LOCATION LOCATION! Right in the heart of historic downtown Hamilton, including the St. Joseph's medical/healthcare hub, main local and commuter transit hub, and steps to Augusta St. More than 1340 square feet of highly functional, prime commercial floor area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy588 SF2028-12
Lakeview Physiotherapy400 SF2028-12
Lakeview Physiotherapy400 SF2028-12
Lakeview Physiotherapy400 SF2028-12

Area demographics

Trade area within 3 miles of the property.

Population

77,091

Households

30,064

Median income

$133,500

Median age

39.5

Daytime population

108,888

5-yr growth

7.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 191 JAMES Street S Unit# Main Level, Hamilton.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.