RETAIL FOR LEASE
1655 |
UPPER JAMES STREET Hamilton, ON
Partnership. Performance.
PRIME RETAIL CORNER • Available for the first time in 25 years • Former Chrysler new car dealership • Center-ice retail location on Hamilton Mountain at Rymal Road and Upper James Street • 27,486 Sf • 3.24 acres John Bar, Principal, Sales Representative D 226.366.9080
[email protected] For Lease 1655 Upper James Street, Hamilton Property Highlights Total Area
27,486 sf
Lot Size
3.244 acres
Property Use
Car dealership or retail redevelopment
Zoning
HH/S-1071 & HH/S-1071a
Frontage
+/- 475 feet on Upper James Street
Taxes (2013)
$5.76 psf (to be verified)
Lease Rate
$13.95 psf net
Comments • High profile and strategic commercial node • Critical mass • Region – wide area draw • Ample land • Highly visible site; up at elevation from Upper James Street / Rymal Road corner • Plug and play opportunity for new or used car dealer
Demographics 2013 Kilometers
2 km
5 km
10km
Population
27,600
132,165
408,214
$108,222
$90,692
$84,290
Income 2012 Average household Source: Super Demographics 2013
For Lease 1655 Upper James Street, Hamilton Official Plan Designation Arterial Commercial Within the Official Plan the site is designated “Arterial Commercial”. The Arterial Commercial designation is intended to provide for a range of uses catering to the traveling or drive-by consumer as well as retail stores, which are land extensive and require outdoor storage or sales and cannot be appropriately accommodated in the other designations. Permitted Uses 4.8.2 The following uses shall be permitted on lands designated Arterial Commercial on Schedule E-1 – Urban Land Use Designations: a) commercial uses including banquet halls, restaurants including garden centres, furniture stores, building and lumber supply establishment, home improvement supply store, and retail primarily for the sale of building supplies; b) automotive related uses primarily for vehicle sales, service and rental, parts sales, gas bars, car washes, and service stations; c) commercial recreational uses, commercial entertainment uses, excluding theatres; d) industrial supply and service and contractor sales; e) accommodation, excluding residential uses; f)
enclosed storage including mini warehousing; and,
Zoning
g) accessory uses.
HH/S – 1071 HH District (Restricted Community Shopping and Commercial) with Special Provision 1071 permitting only a new and used car dealership, including an ancillary automobile body/fender repair shop and paint shop.
Prohibited Uses 4.8.3 Notwithstanding Policy E.4.8.2, the following uses shall be prohibited on lands designated Arterial Commercial on Schedule E-1 – Urban Land Use Designations: a) department stores;
HH/S-1071 HH District (Restricted Community Shopping and Commercial) with Special Provision 1071a which affected a small change to the zoning boundaries.
b) food stores; c) residential uses; and, d) stores primarily selling apparel, housewares, electronics, sporting goods, or general merchandise.
For Lease 1655 Upper James Street, Hamilton
SUBJECT PROPERTY
For more information, please contact: John Bar, Principal, Sales Representative D 226.366.9080
[email protected] Avison Young Commercial Real Estate (Southwestern Ontario), Brokerage 231 Shearson Crescent Suite 210 Cambridge, ON N1T 1J5 T 226.366.9090 F 866.541.9755 The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.
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