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110 King Street Image 1

$149,000

Apr 22Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #X12095752

110 King Street, Hamilton, ON L8N 1A8

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Average Price
14900000.0%
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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 110 King Street

Own a Fully Equipped Turnkey Restaurant in Downtown Hamilton! (Asset Sale). This is a fantastic opportunity to acquire the assets of a thriving restaurant previously operating under the Mucho Burrito franchise. Located at a prime intersection in Downtown Hamilton (King St. E. & John St. S.), the space benefits from high pedestrian traffic and excellent street visibility. The 1,250 sq. ft. space seats 27 guests and features a commercial-grade kitchen, including a 6-foot hood and equipment purchased brand new in 2021, all of which is fully owned. The premises were completely renovated before occupancy, including extensive leasehold improvements and a security system with cameras for added protection. Enjoy a low monthly rent of $5,500, including TMI and HST, with a long-term lease available (7-year term + two 5-year extension options), offering security and business continuity. This is a perfect turnkey opportunity for entrepreneurs looking to open a new concept or launch their own brand in a fully built-out, high-traffic location, with no franchise fees or restrictions.

Home Overview

Last updated

Apr 22

Virtual tour

None

Basement information

Building size

1250

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX SUCCESS REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Other
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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