Business For Sale · Retail

362 BARTON STREET E, Hamilton (Landsdale)

362 BARTON STREET E, Hamilton (Landsdale), ON L8L2X9

$89,111 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

98%

Lot Size

2500 ac

About this property

AMAZING RESTAURANT ON A BUSY LOCATION IN HAMILTON ?? Fully equipped commercial kitchen ?? Only $3,500/month, all-inclusive rent ?? 10-year lease for long-term stability ?? Great location with strong visibility and traffic ?? Flexible on cuisine, subject to landlord's approval, Whether you want to keep the Pakistani MENU (CURRENTLY OPERATING) or bring your own concept, this is a turnkey chance to step into business ownership. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$89K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$411

Projected NOI

$5K

Annual cash flow

$33

Cash-on-cash

0.12%

DSCR

1.01

Going-in cap

5.58%

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.

Area demographics

Trade area within 3 miles of the property.

Population

73,756

Households

28,236

Median income

$86,500

Median age

44.3

Daytime population

115,850

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 362 BARTON STREET E, Hamilton (Landsdale).

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.