516 Centennial Parkway N Unit 4, Hamilton, ON L8E 0G2

$299,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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