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MLS® X13420542
Hamilton, ON
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.
Inclusions
All Chattels
Broker
RE/MAX REAL ESTATE CENTRE INC.
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Sale Of Business
516 Centennial Parkway N #4 Hamilton
Hamilton
Type
Sale Of Business
Parking
Plaza
Property Tax
~$0/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
1599 sqft
Parking
Plaza
Finances
List Price
$225,000
Price per SQFT
$141/sqft
Property Tax
~$0/yr
Property Specs
Property Type
Sale Of Business
MLS Size
1599 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Hamilton
Listed On
Jun 9, 2026
Major Highway
Public Transit
Days on Market
Current: 150 days
Room information is not available for this listing.
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