245 - 1508 UPPER JAMES Street
Hamilton, Ontario
Business
RARE TURN-KEY RESTAURANT OPPORTUNITY IN PREMIUM RIOCAN PLAZA! Incredible opportunity to acquire a fully built-out, 1,191 sq. ft. fast-casual restaurant in Hamilton’s bustling Upper James Square. Located in a high-traffic, professionally managed RioCan power centre, this unit benefits from massive daily foot traffic and exposure alongside powerhouse co-tenants like Winners, Mandarin, Montana's, and Starbucks. Skip the massive upfront costs, permit delays, and headaches of building a commercial kitchen from scratch! This asset sale includes a fully fitted turn-key setup and an extensive equipment package perfectly optimized for a high-volume takeout or fast-casual concept. Please contact the listing agent directly for the complete equipment list and value breakdown. Secure your business's future by taking over a highly competitive existing lease expiring July 31, 2030. The buyer has the opportunity to bring their own brand and menu, subject to the Landlord’s written approval of the use clause and lease assignment.
Price History
Community
Postal area L9B
- Population
- 25,025
- Private dwellings
- 8,461
- Median age
- 42.8
- Average household size
- 2.9
- Median household income
- $105,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Business in Hamilton · last 12 months
- Median sold price
- $683,000
- Homes sold
- 4,991
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,991 recorded sales of business properties in Hamilton over the last 12 months.
Location
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