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$ 149,000
Est. payment /mo
Active
110 King ST E Hamilton, ON L8N 1A8
1,250 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $119
Subdivision Beasley
MLS Listing ID X12095752
Annual Tax Amount $15,525
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Own a Fully Equipped Turnkey Restaurant in Downtown Hamilton! (Asset Sale). This is a fantastic opportunity to acquire the assets of a thriving restaurant previously operating under the Mucho Burrito franchise. Located at a prime intersection in Downtown Hamilton (King St. E. & John St. S.), the space benefits from high pedestrian traffic and excellent street visibility. The 1,250 sq. ft. space seats 27 guests and features a commercial-grade kitchen, including a 6-foot hood and equipment purchased brand new in 2021, all of which is fully owned. The premises were completely renovated before occupancy, including extensive leasehold improvements and a security system with cameras for added protection. Enjoy a low monthly rent of $5,500, including TMI and HST, with a long-term lease available (7-year term + two 5-year extension options), offering security and business continuity. This is a perfect turnkey opportunity for entrepreneurs looking to open a new concept or launch their own brand in a fully built-out, high-traffic location, with no franchise fees or restrictions.
Location
State ON
County Hamilton
Community Beasley
Area Hamilton
Zoning Commercial - Retail
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 42.0
Lot Depth 30.0
Others
Security Features Partial
Listed by RE/MAX SUCCESS REALTY