Business For Sale · Retail

87 JOHN STREET S, Hamilton (Corktown)

87 JOHN STREET S, Hamilton (Corktown), ON L8N2C2

$150,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

86%

About this property

An excellent opportunity to acquire a well-established pizza business located in the heart of Downtown Hamilton on busy John Street South. This high-exposure location benefits from strong pedestrian traffic, dense residential population, nearby offices, entertainment venues, and continuous downtown activity. The business is fully equipped with a commercial kitchen, pizza ovens, prep stations, and all essential equipment required for seamless day-to-day operations. Designed for efficiency, this is an ideal opportunity for an owner-operator or experienced food service entrepreneur. Strong potential exists to significantly increase revenue through extended hours, expanded delivery platforms, marketing initiatives, and late-night service demand driven by downtown foot traffic. Located in one of Hamilton's most active urban corridors, this turnkey operation offers immediate income potential with long-term growth opportunities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$150K
Down payment30% · $45K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$693

Projected NOI

$7K

Annual cash flow

$-2K

Cash-on-cash

-3.56%

DSCR

0.81

Going-in cap

4.47%

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

132,104

Households

50,923

Median income

$116,000

Median age

32.8

Daytime population

143,730

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 87 JOHN STREET S, Hamilton (Corktown).

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.