2138 King St Street East, Hamilton (Vincent) - Business for Sale
2138 King St Street East, Hamilton (Vincent), Ontario, L8K5W7
This business in Hamilton is for sale offering roughly 3,000 sq ft of space.
Description
Excellent opportunity to own an established business in a high-visibility location on King St E in Hamilton. The store offers approximately 3,000 sq. ft. of space and is situated in a busy commercial area with excellent exposure and convenient access.Approx. Weekly Sales: $13,000 Other Commission Income: Approx. $900 Lotto Commission: Approx. $1,000/month Monthly Rent: $4,687.39 + HST Lease Term: 4 + 5 + 5 years Store Size: Approx. 3,000 sq. ft.This is a great opportunity for an owner-operator or investor looking to take over an established business in a well-established Hamilton neighbourhood. The location provides strong visibility and convenient access, with potential for further growth and increased revenue. (id:66096)
Property Details
- MLS®
- X13672006
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- E/S-319
- Interior Size
- 3,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 83 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 83 days on market, against an average age of 54 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 (L8K)
This home lists at $249,999, about 3.3× the local median household income of $75,000.
Carrying it typically needs a household income of about $48,834 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $75,000
- Population
- 32,598
- Median age
- 42.4
- Owner / renter
- 64% / 36%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA L8K)
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$249,999
Hamilton