1508 UPPER JAMES Street, Hamilton (Mewburn) - Business for Sale
1508 UPPER JAMES Street, Hamilton (Mewburn), Ontario, L9B1K3
This business in Hamilton is for sale. It has been on the market 20 days, fresher than the Hamilton average of 92 days.
Description
LOCATION! LOCATION! LOCATION! Are you looking for an established and successful dine-in restaurant? look no further, I've got the perfect opportunity for you! This fabulous Mediterranean Grill has been in operation for decades and the operator has done an excellent job maintaining the place with high level of quality in their food, customer service and overall atmosphere and experience. LITERALLY one of the BEST locations in Hamilton; Upper James! The location itself brings in a HIGH VOLUME of traffic in terms of vehicles and pedestrians. It is surrounded by many anchor Tenants which compliments the business extremely well. There is LOTS of parking in front of the restaurant and it also offers a backdoor for easy access for deliveries. There is extra storage and an office area in the Upper Level of the restaurant. Best of all, its GREAT RENT allows you to minimize your overhead costs making it more desirable to run the operations and experience a higher level of return. These well established and busy businesses rarely come to market especially being located in one of the busiest streets in Hamilton. With a high level of seating capacity, cafe area, and an open and bright atmosphere, this maybe just the business of your dreams! Please do not go direct. (id:66096)
Property Details
- MLS®
- X14088892
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- TOC4 Exception: 947, 948
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 20 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 20 days on market, against an average age of 92 days across the listings currently for sale in this city
This business in Hamilton (Mewburn) has been listed for 20 days, which is 72 days fresher than the city average of 92. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L9B)
This home lists at $385,000, about 3.7× the local median household income of $105,000.
Carrying it typically needs a household income of about $75,204 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $105,000
- Population
- 25,025
- Median age
- 42.8
- Owner / renter
- 81% / 19%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L9B)
Book a showing
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$385,000
Hamilton