NewFor Sale

Unit 102 - 162 King William Street
Hamilton, Hamilton, ON, L8R 3N9

Sale Of Business
TRREB
MLS® Number: X13614572
$184,000List Price
Sale Of BusinessProperty Type
234.45 x 103.98Lot Size
RestaurantBusiness Type
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Property Location

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Listing History

Buy/sell history for 162 King William Street 102, Hamilton, ON L8R 3N9

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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.

Features

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Amenities

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Summary

Listing #:X13614572
Property Type:Sale Of Business
Land Size:234.45 x 103.98
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX REAL ESTATE CENTRE INC.

Rooms

Details

Property

Property Type:Sale Of Business
Community:Beasley
Municipality:Hamilton

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:KING WILLIAM & WALNUT ST N

$184,000

List price

Unit 102 - 162 King William Street, Hamilton – Sale Of Business for sale