354 MAIN ST W STREET, Hamilton (Strathcona)354 MAIN ST W STREET, Hamilton (Strathcona) — photo 2354 MAIN ST W STREET, Hamilton (Strathcona) — photo 3354 MAIN ST W STREET, Hamilton (Strathcona) — photo 4354 MAIN ST W STREET, Hamilton (Strathcona) — photo 5354 MAIN ST W STREET, Hamilton (Strathcona) — photo 6354 MAIN ST W STREET, Hamilton (Strathcona) — photo 7354 MAIN ST W STREET, Hamilton (Strathcona) — photo 8354 MAIN ST W STREET, Hamilton (Strathcona) — photo 9354 MAIN ST W STREET, Hamilton (Strathcona) — photo 10354 MAIN ST W STREET, Hamilton (Strathcona) — photo 11354 MAIN ST W STREET, Hamilton (Strathcona) — photo 12354 MAIN ST W STREET, Hamilton (Strathcona) — photo 13354 MAIN ST W STREET, Hamilton (Strathcona) — photo 14354 MAIN ST W STREET, Hamilton (Strathcona) — photo 15
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Business For Sale · Retail

354 MAIN ST W STREET, Hamilton (Strathcona)

354 MAIN ST W STREET, Hamilton (Strathcona), ON L8P1K3

$79,999 total

2,500 SF

Asset Class

Retail

Size

2,500 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

$32

Occupancy

84%

About this property

Excellent opportunity to lease a fully equipped restaurant space at 354 Main Street West, Hamilton! Strategically located between McMaster University and downtown Hamilton, this approximately 2,500 sq. ft. space features a 10-ft. commercial kitchen hood, walk-in refrigerator, approximately 50 seat dining area, and 8 exclusive parking spaces. Monthly rent of $4,700 includes TMI and taxes.Ideal for a variety of food-service concepts, including cafés, pizza shops, burger restaurants, takeout, or dine-in establishments. An excellent opportunity for restaurateurs, entrepreneurs, or established brands looking to launch or expand their business in a high potential Hamilton location. Bring your vision and make this space your own! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$80K
Down payment30% · $24K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$369

Projected NOI

$4K

Annual cash flow

$11

Cash-on-cash

0.05%

DSCR

1.00

Going-in cap

5.56%

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
Blue Harbour Design668 SF2033-05
Blue Harbour Design457 SF2033-05
Blue Harbour Design970 SF2032-05

Area demographics

Trade area within 3 miles of the property.

Population

130,131

Households

45,224

Median income

$79,000

Median age

40.7

Daytime population

199,881

5-yr growth

0.6%

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

Secure deal room

Confidential diligence documents for 354 MAIN ST W STREET, Hamilton (Strathcona).

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.