$225,000
( $140.71Per Sq Foot )
 $1,208 est/mo Sourced by Back At You

516 Centennial Parkway N 4,Hamilton, ON L8E 0G2

Hamilton, ON L8E 0G2

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Description

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.

Details

MLS #X13420542
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Year0
Days On Site151
Listing Provided ByRE/MAX REAL ESTATE CENTRE INC. | X13420542 079800

Features

SQ Feet1,599
Acreage0.04

Interior

CoolingYes

Exterior

Community FeaturesMajor Highway, Public Transit

Taxes

Tax Annual Amount0
Tax TypeTMI
Tax Year2026

Area Information

ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8E 0G2
AreaStoney Creek
Listing VS Median (in L8E 0G2)
Price:
$225,000
low | high
Med:
$177,450
71.133333333333% of Average
sqft:
1,599
low | high
Med:
1,775
39.024390243902% of Average
$ / sqft:
$141
low | high
Med:
$104
76.329333333333% of Average
On site:
151
low | high
Med:
81.5
100% of Average
Sourced by Back At You

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Learn More About This Property

JESSICA CHRISTINA ALMEIDA

JESSICA CHRISTINA ALMEIDA

Coldwell Banker The Real Estate Centre

 (416) 997-6255jessica.almeida@wearetrec.com
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8E 0G2
AreaStoney Creek
Listing VS Median (in L8E 0G2)
Price:
$225,000
low | high
Med:
$177,450
71.133333333333% of Average
sqft:
1,599
low | high
Med:
1,775
39.024390243902% of Average
$ / sqft:
$141
low | high
Med:
$104
76.329333333333% of Average
On site:
151
low | high
Med:
81.5
100% of Average
Sourced by Back At You
Listing Updated: September 30, 2026 at 12:34:20 AM PDT