4 - 516 Centennial Parkway N,Hamilton (Stoney Creek), ON L8E0G2
Hamilton (Stoney Creek), ON L8E0G2
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. (id:13843)
Details
| MLS # | X13420542 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 142 |
| Listing Provided By | RE/MAX REAL ESTATE CENTRE INC. | SUNNY GOYAL |
Features
| SQ Feet | 1,599 |
|---|---|
| Zoning | G1-S/-1613 |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton (Stoney Creek) |
| Postal Code | L8E0G2 |
| Listing VS Median (in L8E0G2) | |
Price: $225,000 low | high Med: $177,450 sqft: 1,599 low | high Med: 1,775 $ / sqft: $141 low | high Med: $104 On site: 142 low | high Med: 72.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton (Stoney Creek) |
| Postal Code | L8E0G2 |
| Listing VS Median (in L8E0G2) | |
Price: $225,000 low | high Med: $177,450 sqft: 1,599 low | high Med: 1,775 $ / sqft: $141 low | high Med: $104 On site: 142 low | high Med: 72.5 | |