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$ 225,000
Est. payment | /mo
1,599 SqFt
$ 225,000
Est. payment | /mo
1,599 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,599 sqft
Price per Sqft $140
Subdivision Stoney Creek
MLS Listing ID X13420542
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
An excellent opportunity to acquire a well-established Mediterranean restaurant located at 516 Centennial Parkway N, Hamilton in the highly desirable Stoney Creek area. Strategically situated in a busy Smart Centre plaza anchored by major tenants including Walmart, McDonalds, Five Guys, Shoeless Joes, South Indian restaurant, Dollar Store, Healthy planet and other strong retailers, ensuring high foot traffic and excellent visibility . This modern restaurant is only 3 years old, featuring well-maintained equipment and leasehold improvements, and operates as a fully turnkey business. The location enjoys strong and consistent sales along with an impressive 4.5-star Google rating, reflecting its loyal customer base and strong brand presence. Ideal opportunity for owner-operators, family operators, or investors looking to step into an established franchise with growth potential. Attractive price point with significant opportunity to further increase revenue through extended hours, catering, and delivery platforms. Favorable lease terms with 5 years remaining and two renewal options of 4 years each. Low rent of $5,063.50 plus TMI. Do not miss this chance to own a successful Mediterranean restaurant in a high-traffic retail plaza.
Location
Province ON
County Hamilton
Area Hamilton
Zoning G1-S/-1613
Interior
Cooling Yes
Inclusions All Chattels
Exterior
Parking Features Plaza
Community Features Major Highway, Public Transit
Building
Lot Description Lot
Lited by RE/MAX REAL ESTATE CENTRE INC.
Nearby Locations
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