516 Centennial Parkway 4
Hamilton, L8E 0G2
FOR SALE
$315,000

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Sale Of Business
CATEGORY1,599 Sq Ft
RETAIL AREAX13127842
MLSIDContact Us
Property Description
An excellent opportunity to acquire a well-established Mediterranean restaurant located at 516 Centennial Parkway N, Hamilton in the highly desirable Stoney Creek area. Strategically situated in a busy Smart Centre plaza anchored by major tenants including Walmart, McDonalds, Five Guys, Shoeless Joes, South Indian restaurant, Dollar Store, Healthy planet and other strong retailers, ensuring high foot traffic and excellent visibility . This modern restaurant is only 3 years old, featuring well-maintained equipment and leasehold improvements, and operates as a fully turnkey business. The location enjoys strong and consistent sales along with an impressive 4.5-star Google rating, reflecting its loyal customer base and strong brand presence. Ideal opportunity for owner-operators, family operators, or investors looking to step into an established franchise with growth potential. Attractive price point with significant opportunity to further increase revenue through extended hours, catering, and delivery platforms. Favorable lease terms with 5 years remaining and two renewal options of 4 years each. Low rent of $5,063.50 plus TMI. Do not miss this chance to own a successful Mediterranean restaurant in a high-traffic retail plaza.
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Property Details
Address
516 Centennial Parkway 4
Community
City
Postal Code
L8E 0G2
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
G1-S/-1613
Lot Size
460' x 925'
Retail Area
1,599 Sq Ft
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Plaza
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Listing contracted with Re/Max Real Estate Centre Inc.
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