365 Wentworth St

Hamilton, L8L5W4
For Sale
$1,650,000
365 Wentworth St, Hamilton
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
365 Wentworth St
With Property
CATEGORY
11,625 Sq Ft
TOTAL AREA
X8019312
MLSID
Contact Us
Property Description
Investor's Attention, Excellent opportunity in Hamilton's centre, 7% Cap rate, Offer over 11000 sqf building with basement. This property is home to Galley Pump Tavern, a long established pub that has been in business for over 40 years with 22 rooms, lodging house for short term rentals. The restaurant is fully licensed, few years ago renovated kitchen, has capacity for 170 inside and patio for 30 additional people. This is a turnkey business where a committed owner could really take off. In addition to the business this listing is for the entire property as well which includes 21 rooms that are consistently booked. The property has over 30 parking spots on a high traffic spots on a high traffic street with great sign exposure please do not go direct.
Property Details
Category
With Property
Usage
Bar/Tavern/Pub
Zoning
C2
Total Area
11,625 Sq Ft
Lot Size
149' x 124'
Taxes
$21,277 (2023)
Parking Spaces
33
Air Conditioning
Yes
Listing contracted with Realty Network
Similar Listings
902 Main St E, Hamilton
With Property
$2,299,900
FOR SALE
Gageview Car Wash is a reputable, long standing operation situated along a busy main corridor of Hamilton's downtown. Massive opportunity awaits in this 19,500 square foot (almost .5 acre) parcel on the future LRT route in the respected St Clair neighborhood. This cash flowing business can provide multiple streams of income (coin/ tap car wash, air pump, vacuum units, ATM machine, and land rental for chip truck) and they're all fully operable on the land. This parcel is currently zoned C2 allowing for a large mixed use foot print. Possibility of 4+ floors with desired planning (buyer to do due diligence). Clean Phase 1 and Phase 2 Environmentals on hand. This is a rare opportunity to generate considerable income while planning for a larger scope project as Hamilton continues to move towards encouraging densification in the downtown core.
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