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110 KING STREET E, Hamilton, Ontario, L8N 1A8

MLS® # X12095752
Commercial For Sale In Beasley, Hamilton, Ontario
$149,000
110 King Street E, Hamilton, ON
110 King Street E, Hamilton, ON
110 King Street E, Hamilton, ON
110 King Street E, Hamilton, ON
110 King Street E, Hamilton, ON
110 King Street E, Hamilton, ON
110 KING STREET E, Hamilton, Ontario, L8N 1A8
$149,000

Property Information:

Own a Fully Equipped Turnkey Restaurant in Downtown Hamilton! (Asset Sale). This is a fantastic opportunity to acquire the assets of a thriving restaurant previously operating under the Mucho Burrito franchise. Located at a prime intersection in Downtown Hamilton (King St. E. & John St. S.), the space benefits from high pedestrian traffic and excellent street visibility. The 1,250 sq. ft. space seats 27 guests and features a commercial-grade kitchen, including a 6-foot hood and equipment purchased brand new in 2021, all of which is fully owned. The premises were completely renovated before occupancy, including extensive leasehold improvements and a security system with cameras for added protection. Enjoy a low monthly rent of $5,500, including TMI and HST, with a long-term lease available (7-year term + two 5-year extension options), offering security and business continuity. This is a perfect turnkey opportunity for entrepreneurs looking to open a new concept or launch their own brand in a fully built-out, high-traffic location, with no franchise fees or restrictions. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Floor Space: 1250 sqft
  • Heating Type: Other
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Floor Space (approx): 1250 Square Feet
  • Irregular: Yes
  • Lot Depth: 30.0 Feet
  • Lot Frontage: 42.0 Feet
  • Lot Size: Unit=42 x 30 FT
  • Zoning: Commercial - Retail

Courtesy of: RE/MAX SUCCESS REALTY

REALTOR.ca  

Location of 110 KING STREET E, Hamilton, Ontario, L8N 1A8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 110 KING STREET E , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past
32.1℃
2050
35.6℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 110 KING STREET E , experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past
306.7mm
2050
381.7mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 110 KING STREET E, Hamilton, Ontario, L8N 1A8

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$73,201.28

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.13 %

High school certificate or equivalent

24.75 %

Apprenticeship trade certificate/diploma

5.1 %

College/non-university certificate

19.47 %

University certificate (below bachelor)

2.04 %

University Degree

31.51 %

Commuter

Travel To Work

By Car

49.2 %

By Public Transit

29.59 %

By Walking

14.87 %

By Bicycle

0.89 %

By Other Methods

5.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

93.7 %

Houses

6.3 %

Own Vs. Rent