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BrokerStudio
Suite of tools & services
Benefits
Sq. Ft. Rate
$1
Lease Rate
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Space Size
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Year Built
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Premise Summary
Exceptional opportunity at King St E & Wellington St N in the heart of Downtown Hamilton. This 9,676 sq ft corner lot, with over 120 feet of street frontage, is zoned D2 (Downtown Mixed Use) and offers strong development potential in a high-growth urban core. Concept plans propose a mixed-use condominium with 5,800 sq ft of ground-floor office or retail space and 28-30 residential units above. Surrounded by new developments, transit, restaurants, shops, and amenities, this site is ideally positioned in a vibrant, evolving, and intensifying downtown core. Perfect for developers, investors, or end-users looking to retain use of the ground floor in a growing, dynamic city center. (id:39198)
Location
Province
Ontario
City
Hamilton
Address
King
Postal Code
L8N1C2
Location Highlights
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Listed by
RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3 Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Space Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Sq. Ft. Rate
$1
Asking Price
$1
Rate/yr
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Floor of Lease
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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