1/22291 QUEENSTON ROAD, Hamilton (McQuesten)
291 QUEENSTON ROAD, Hamilton (McQuesten), ON L8K1H2
Price on request
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Asset Class
Retail
Size
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Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
89%
About this property
Prime Turn-Key Restaurant Opportunity on Busy Queenston Road Corridor! Exceptional commercial leasing opportunity offering over 3,000 square feet of prime main-floor space, plus an additional 2,000 square feet of finished basement included in the lease rate. Ideal for an established operator or new concept, this location comes equipped with landlord-owned restaurant equipment available for tenant use, drastically reducing upfront capital expenditure and setup time. Situated on a high-exposure, heavily traveled arterial thoroughfare, your business will benefit from maximum vehicular visibility, strong pedestrian flow, and prominent street signage potential. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$75K
Annual cash flow
$-8K
Cash-on-cash
-1.83%
DSCR
0.90
Going-in cap
4.99%
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
94,606
Households
34,041
Median income
$65,000
Median age
40.1
Daytime population
102,234
5-yr growth
8.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 291 QUEENSTON ROAD, Hamilton (McQuesten).
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.