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Renanza Realty
For sale

162 KING WILLIAM Street Unit# 102

Hamilton, Ontario

MLS® 40851133

$184,000

Status
Active
Property type
Business
MLS® number
40851133
Bedrooms
—
Bathrooms
—
Year built
—

Listing 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.

Property summary

MLS® number
40851133
Property type
Business
Days on market
67 days

Features & details

Basement
None
Community features
Community Centre

What would this home cost you?

Based on the $184,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$856 /mo

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Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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Listing courtesy of RE/MAX Real Estate Centre Inc., Hamilton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.