533 Concession Street

Hamilton, ON

2,088 sqft
Sale Of Business
77 days on market

$349,000

Excellent opportunity to own a fully equipped restaurant, café, coffee shop in a high-traffic Hamilton Mountain commercial corridor. This turnkey spaceincludes a 12 ft commercial hood, walk-in cooler and walk-in freezer, and a 22 ft wide bar,making it suitable for a wide range of hospitality concepts. It also offers exclusive use of arear patio for additional seating and a basement area (not included in total square footage)for storage or operational use. The interior features custom seating and an inviting Arabic-style lounge setup, providing a unique and versatile atmosphere. The business can operateunder the existing franchise name "The Bloom Coffee" or be rebranded under a new name,offering flexibility for new or experienced operators. Located on a busy commercial streetwith strong visibility and consistent traffic, this location presents excellent growthpotential. Lease is secured until 2034 with an option to renew for two additional 5-yearterms, with current rent approximately $4,350/month plus TMI, making it a strong valueopportunity for entrepreneurs looking to establish or expand in the hospitality sector.

Listing Details

Taxes (2025): $11
Listed: June 30, 2026

Price History

Property

Lot Size: 66.25 x 100.28 Feet

Parking

Garage: None

Location & Legal

Cross Street: Upper Wentworth St & Concession St
Zoning: C5A
Possession: Flexible
Occupancy: Owner

Commercial

Business Type: Restaurant

Included

Inclusions: All chattels and fixtures owned by the Seller, except as excluded, and all unattachedequipment.
Exclusions: Any items affixed, bolted, or hard-wired to the premises are the property of the Landlord andare excluded from the sale.

Community

Postal area L8V

Population: 21,165
Private dwellings: 9,662
Median age: 44.4
Average household size: 2.2
Median household income: $68,500

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

Commercial in Hamilton · last 12 months

Median sold price: $680,000
Homes sold: 4,975
Median days on market: 27
Sale-to-list price: 97.1%

Based on 4,975 recorded sales of commercial properties in Hamilton over the last 12 months.

Listed by

RE/MAX REAL ESTATE CENTRE INC.

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Location

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Commercial figures

Building area: 2,088 sq ft
Price per sq ft: $167.15
Annual property tax: $11
Tax per sq ft: $0.01

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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