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$100,000
$150,000For salePrice drop↓ $50,000 (33%)

87 John Street South, Hamilton (Corktown) - Business for Sale

87 John Street South, Hamilton (Corktown), Ontario, L8N2C2

Listed 42 days ago
Overview

This business in Hamilton is for sale. It has been on the market 42 days, fresher than the Hamilton average of 72 days.

Description

An excellent opportunity to acquire a well-established pizza business located in the heart of Downtown Hamilton on busy John Street South. This high-exposure location benefits from strong pedestrian traffic, dense residential population, nearby offices, entertainment venues, and continuous downtown activity. The business is fully equipped with a commercial kitchen, pizza ovens, prep stations, and all essential equipment required for seamless day-to-day operations. Designed for efficiency, this is an ideal opportunity for an owner-operator or experienced food service entrepreneur. Strong potential exists to significantly increase revenue through extended hours, expanded delivery platforms, marketing initiatives, and late-night service demand driven by downtown foot traffic. Located in one of Hamilton's most active urban corridors, this turnkey operation offers immediate income potential with long-term growth opportunities. (id:66096)

Property Details

MLS®
X13818520
Property Type
Business
Business Type
Restaurant
Zoning
D3
Lot Size
51 × 95 ft (4,892 sq ft)
Frontage
51 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
42 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
42d
Hamilton (Corktown) listings, avg age
72d
List price
$100K

Extended: 42 days on market, against an average age of 72 days across the listings currently for sale in this city

Haho

This business in Hamilton (Corktown) has been listed for 42 days, which is 30 days fresher than the city average of 72. Act while there is still low competition.

Listed by ROYAL LEPAGE PLATINUM REALTY · Puneet Rai

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8N)

This home lists at $100,000, about 1.8× the local median household income of $54,800.

Carrying it typically needs a household income of about $19,534 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$54,800
Population
15,568
Median age
36.8
Owner / renter
26% / 75%
Avg. household size
1.9

Source: Statistics Canada, 2021 Census (FSA L8N)

$100,000
For sale

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Financing

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$100,000

Hamilton

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