162 King William Street
Hamilton, ON L8R 3N9
Price
$184,000
Building Size
1,175 sq ft
MLS# X13614572 | Listed by RE/MAX REAL ESTATE CENTRE INC.
Business Details
Business Type
Restaurant
Property Use
Without Property
Franchise
No
Commercial Space & Financials
Retail Area
1,175 sq ft
Industrial Specifications
Lot Size
234.45' × 103.98'
Property Description
An exceptional opportunity to acquire a well-established, turnkey restaurant in the heart of downtown Hamilton's vibrant International Village BIA. Seasoned is a respected casual upscale restaurant, often referred to as a hidden gem, offering an intimate dining experience, modern design, and an open-concept kitchen, making it an outstanding opportunity for an owner-operator or investor. Perfectly positioned beside Theatre Aquarius, the restaurant enjoys consistent traffic from theatre patrons, downtown professionals, residents, and visitors, with many guests walking directly from the theatre into the restaurant before performances. Located steps from restaurants, shopping, offices, hotels, public transit, and the city's entertainment district, this prime location offers exceptional visibility and year-round customer traffic. The business operates from approximately 1,175 sq. ft. of thoughtfully designed space and features an intimate dining room, an inviting outdoor patio, an open kitchen, a dedicated storage room, and two reserved parking spaces. The restaurant is licensed for 28 patrons, and the transferable liquor licence offers added value for the new owner. A long-term lease is in place through December 31, 2029, providing stability for the business. The current lease is at a monthly rental rate below today's market value, offering significant long-term savings and exceptional value for the new owner. Water is included in the monthly lease. The tenant is responsible for gas, hydro, property insurance, and applicable lease expenses. Assignment of the lease is subject to landlord approval. This is an outstanding opportunity to acquire an established restaurant with an excellent reputation, a sought-after downtown location, below-market lease rates, favourable lease terms, and a turnkey operation ready for its next chapter.
Price & Status History
Price history is locked
Location
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162 King William Street, Hamilton L8R 3N9
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Listing Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
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