516 Centennial Parkway North Unit 4, Hamilton (Stoney Creek), Ontario L8E0G2

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..

$299,000
1,599
SqFt

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List Price
$299,000
MLS®
X13420542
Days on Market
47
Status
ACTIVE
Type
Commercial
Subtype
Business
Living Area
1,599
Lot Size Dimensions
459.51 x 925.42 FT
Subdivision
Stoney Creek

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. (id:5764)

Additional Information

Subdivision
Stoney Creek
Cooling
Fully air conditioned
Country
Canada
Heating
Forced air, Natural gas

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