516 Centennial Parkway N 4, Hamilton, ON L8E 0G2
Hamilton, ON L8E 0G2
About this property
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.
Property facts & features
- Days on market
- Not reported
- Property type
- Sale Of Business
- MLS® number
- X13420542
- Source status
- Price Change
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 1599
- Neighbourhood
- Not provided
- Postal code
- L8E 0G2
- Garage
- Plaza
- Lot depth (source units)
- 925.42
- Annual property tax
- 0
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 146 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Price Change · $225,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Hamilton →Listing brokerage: RE/MAX REAL ESTATE CENTRE INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13420542. Information deemed reliable but not guaranteed.