172 King Street, Hamilton (Central) - Business for Sale
172 King Street, Hamilton (Central), Ontario, L8P1A9
This business in Hamilton is for sale offering roughly 600 sq ft of space.
Description
This is the only grocery store in Hamilton specializing in Chinese, Japanese, and Korean foods, ideally located in the heart of downtown. Directly across from McMaster University student residences and surrounded by multiple student housing buildings, the location offers exceptional exposure and convenience for a large student population.The business is already established on major delivery platforms including Fantuan, Uber Eats, and SkipTheDishes, providing strong online and in-store sales opportunities with significant growth potential.Low rent of only $2,686/month (including TMI and HST). Same owner for 10 years, with a stable operating history. Must See (id:66096)
Property Details
- MLS®
- X12936324
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- commercial
- Interior Size
- 600 ft²
- Frontage
- 20 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 219 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 219 days on market, against an average age of 71 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L8P)
This home lists at $130,000, about 2.2× the local median household income of $58,000.
Carrying it typically needs a household income of about $25,394 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $58,000
- Population
- 24,773
- Median age
- 38.8
- Owner / renter
- 31% / 69%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA L8P)
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$130,000
Hamilton