#8 1179 Wilson Street West, Hamilton (Ancaster) - Business for Sale
#8 1179 Wilson Street West, Hamilton (Ancaster), Ontario, L9G0E8
This business in Hamilton is for sale offering roughly 2,200 sq ft of space. It has been on the market 35 days, fresher than the Hamilton average of 60 days.
Description
Sale of a successful Diner franchise business in a prime high-traffic plaza! Property boasts a tastefully completed modern kitchen, stylish dining area, premium leasehold improvements with high open ceilings and abundant Natural Light. Plaza with ample parking & National tenants: McDonald's, Tim Hortons, Longos, LCBO, Popeyes and many more. This diner business has operated in the same location for over 9 years and maintains a strong, loyal customer base. Perfect for first-time business owners, families, new immigrants, or experienced investors seeking a reliable, cash-flow. Lease Renewal next year with 3 renewals of 5 years each. Low Gross Rental: 10,000 per month approx. including HST. Franchise royalty fees 5% + 1% Marketing. (id:66096)
Property Details
- MLS®
- X13844326
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 2,200 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 35 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 35 days on market, against an average age of 60 days across the listings currently for sale in this city
This business in Hamilton (Ancaster) has been listed for 35 days, which is 25 days fresher than the city average of 60. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L9G)
This home lists at $499,000, about 3.6× the local median household income of $138,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $138,000
- Population
- 25,020
- Median age
- 44.8
- Owner / renter
- 90% / 10%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA L9G)
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$499,000
Hamilton