533 CONCESSION STREET
Hamilton (Eastmount), Ontario
MLS® X13507708
$349,000
- Status
- Active
- Property type
- Business
- MLS® number
- X13507708
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 20Listing description
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.
Property summary
- MLS® number
- X13507708
- Property type
- Business
- Square footage
- 2,088 sq ft
- Land size
- Unit=66.25 x 100.28 FT
- Annual property taxes
- $11.05
- Days on market
- 62 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $349,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., Burlington.
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.