110 King ST E new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8N 1A8
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $119
Subdivision Beasley
MLS Listing ID X12095752
Annual Tax Amount $15,525
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Own a Fully Equipped Turnkey Restaurant in Downtown Hamilton! (Asset Sale). This is a fantastic opportunity to acquire the assets of a thriving restaurant previously operating under the Mucho Burrito franchise. Located at a prime intersection in Downtown Hamilton (King St. E. & John St. S.), the space benefits from high pedestrian traffic and excellent street visibility. The 1,250 sq. ft. space seats 27 guests and features a commercial-grade kitchen, including a 6-foot hood and equipment purchased brand new in 2021, all of which is fully owned. The premises were completely renovated before occupancy, including extensive leasehold improvements and a security system with cameras for added protection. Enjoy a low monthly rent of $5,500, including TMI and HST, with a long-term lease available (7-year term + two 5-year extension options), offering security and business continuity. This is a perfect turnkey opportunity for entrepreneurs looking to open a new concept or launch their own brand in a fully built-out, high-traffic location, with no franchise fees or restrictions.
Location
Province ON
County Hamilton
Community Beasley
Area Hamilton
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 42.0
Lot Depth 30.0
Others
Security Features Partial