For Lease · Retail

133 JAMES STREET N, Hamilton (Central)

133 JAMES STREET N, Hamilton (Central), ON L8R2K8

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

83%

Lot Size

879 ac

About this property

Don't miss this fantastic opportunity to lease a prime retail space in the heart of James St. N! Establish your business in one of the city's most vibrant areas, surrounded by restaurants, shops, galleries, breweries, and more. Enjoy exceptional exposure with thousands of people passing by daily, with even greater visibility during the popular Art Crawl and the highly anticipated summer event, Supercrawl! This inviting space offers an open and airy atmosphere while maintaining an intimate, interactive setting for customers. Home to successful businesses over the years, the space is ideal for clothing, gifts, and a variety of other retail uses. Features include a full unfinished basement for additional storage (not included in the square footage) and access to shared staff parking at the rear. Take advantage of this rare combination of high foot traffic, excellent visibility, and affordability! For added flexibility, explore the available upper residential unit, offering an exceptional live/work opportunity in this sought-after location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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.

Area demographics

Trade area within 3 miles of the property.

Population

62,956

Households

25,555

Median income

$78,000

Median age

38.2

Daytime population

97,595

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 133 JAMES STREET N, Hamilton (Central).

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.