51-53 KING WILLIAM Street, Hamilton51-53 KING WILLIAM Street, Hamilton — photo 251-53 KING WILLIAM Street, Hamilton — photo 351-53 KING WILLIAM Street, Hamilton — photo 451-53 KING WILLIAM Street, Hamilton — photo 551-53 KING WILLIAM Street, Hamilton — photo 651-53 KING WILLIAM Street, Hamilton — photo 751-53 KING WILLIAM Street, Hamilton — photo 851-53 KING WILLIAM Street, Hamilton — photo 951-53 KING WILLIAM Street, Hamilton — photo 1051-53 KING WILLIAM Street, Hamilton — photo 1151-53 KING WILLIAM Street, Hamilton — photo 1251-53 KING WILLIAM Street, Hamilton — photo 1351-53 KING WILLIAM Street, Hamilton — photo 14
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For Lease · Retail

51-53 KING WILLIAM Street, Hamilton

51-53 KING WILLIAM Street, Hamilton, ON L8R1A2

Price on request

2,437 SF

Asset Class

Retail

Size

2,437 SF

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

96%

About this property

Excellent opportunity to lease a well-positioned restaurant space on King William Street, one of Downtown Hamilton’s most established dining and entertainment destinations. The space features an existing restaurant layout along with a full commercial hood and exhaust system, providing a strong foundation for a new food and beverage concept. Located along a vibrant stretch of King William surrounded by popular restaurants, cafés, entertainment and residential development, with strong pedestrian activity and excellent exposure. Advertised square footage includes both the main floor commercial space and additional basement area with washrooms. An ideal opportunity for an established operator or new concept looking to join one of Hamilton’s most recognized restaurant corridors. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners1,082 SF2032-02
Halcyon Wealth Partners1,263 SF2032-02

Area demographics

Trade area within 3 miles of the property.

Population

145,946

Households

55,899

Median income

$115,500

Median age

31.3

Daytime population

223,661

5-yr growth

7.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 51-53 KING WILLIAM Street, Hamilton.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.