162 King William Street Unit 102
Beasley / Hamilton, ON L8R 3N9
About This Property
An exceptional opportunity to acquire a well-established, turnkey restaurant in the heart of downtown Hamilton's vibrant International Village BIA. Seasoned is a respected casual upscale restaurant, often referred to as a hidden gem, offering an intimate dining experience, modern design, and an open-concept kitchen, making it an outstanding opportunity for an owner-operator or investor. Perfectly positioned beside Theatre Aquarius, the restaurant enjoys consistent traffic from theatre patrons, downtown professionals, residents, and visitors, with many guests walking directly from the theatre into the restaurant before performances. Located steps from restaurants, shopping, offices, hotels, public transit, and the city's entertainment district, this prime location offers exceptional visibility and year-round customer traffic. The business operates from approximately 1,175 sq. ft. of thoughtfully designed space and features an intimate dining room, an inviting outdoor patio, an open kitchen, a dedicated storage room, and two reserved parking spaces. The restaurant is licensed for 28 patrons, and the transferable liquor licence offers added value for the new owner. A long-term lease is in place through December 31, 2029, providing stability for the business. The current lease is at a monthly rental rate below today's market value, offering significant long-term savings and exceptional value for the new owner. Water is included in the monthly lease. The tenant is responsible for gas, hydro, property insurance, and applicable lease expenses. Assignment of the lease is subject to landlord approval. This is an outstanding opportunity to acquire an established restaurant with an excellent reputation, a sought-after downtown location, below-market lease rates, favourable lease terms, and a turnkey operation ready for its next chapter.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13614572
Listed by RE/MAX REAL ESTATE CENTRE INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$898
/month · $147,200 mortgage
Amortization
Total Interest
$122,349
Total Cost
$269,549
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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