
516 Centennial Parkway
Hamilton, ON, L8E 0G2
Community:Stoney Creek
Asking Price
$299,000
Frontage
459.51 ft.
Lot Depth
925.42 ft.
Square Foot
1,599 ft.
Lot Area
Zoning
Commercial
516 Centennial Parkway N 4, Hamilton, L8E 0G2
Property Description
Original Remarks
An excellent opportunity to acquire a well-established Mediterranean restaurant located at 516 Centennial Parkway N, Hamilton in the highly desirable Stoney Creek area. Strategically situated in a busy Smart Centre plaza anchored by major tenants including Walmart, McDonalds, Five Guys, Shoeless Joes, South Indian restaurant, Dollar Store, Healthy planet and other strong retailers, ensuring high foot traffic and excellent visibility . This modern restaurant is only 3 years old, featuring well-maintained equipment and leasehold improvements, and operates as a fully turnkey business. The location enjoys strong and consistent sales along with an impressive 4.5-star Google rating, reflecting its loyal customer base and strong brand presence. Ideal opportunity for owner-operators, family operators, or investors looking to step into an established franchise with growth potential. Attractive price point with significant opportunity to further increase revenue through extended hours, catering, and delivery platforms. Favorable lease terms with 5 years remaining and two renewal options of 4 years each. Low rent of $5,063.50 plus TMI. Do not miss this chance to own a successful Mediterranean restaurant in a high-traffic retail plaza.
PROPERTY HISTORY
516 Centennial Parkway
PROPERTY DETAILS
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