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255 King Street

Hamilton, ON L8N 1B9

ActiveFor Sale
0 Beds
0 Baths
Commercial

About This Property

A rare opportunity to acquire a long-standing, well-known restaurant in the heart of downtown Hamilton. Das Schnitzelhaus (formerly Black Forest Inn) has been a fixture in the community for decades and now operates under new ownership, offering a solid foundation with room for growth. The restaurant spans approximately 4,866 square feet and is located within a heritage-designated building, providing character, charm, and an authentic atmosphere that is difficult to replicate. Current weekly sales average $20,000-$25,000, with upside potential through expanded hours, programming, or concept refinement. Licensed for 130 indoor seats plus an additional 93 seats on a highly visible corner patio, this space is well-positioned to capitalize on downtown foot traffic, events, and seasonal patio demand. The existing concept is well-established and recognized, and continuing the operation as-is would be ideal. That said, the layout and ambiance also lend themselves to alternative concepts-such as a traditional Irish pub for operators looking to put their own stamp on a historic space. The current owner is committed to a smooth transition and will remain on-site to train and assist for 4-6 weeks, ensuring continuity of operations and knowledge transfer. An excellent opportunity for an experienced operator or hands-on owner seeking a character-rich location with history, liquor licensing, and long-term potential in a growing downtown core. New lease to be negotiated with Landlord. Current Gross Rent = $8000 Inclusive of TMI & HST. Please do not go direct or speak to staff. Your discretion is appreciated.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms0
Postal CodeL8N 1B9
Last UpdatedAug 8, 2026 · 5:17 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12740802

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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.

$99,000

asking price

MLS®X12740802
TypeCommercial
CityHamilton
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$483

/month · $79,200 mortgage

Down Payment20% — $19,800
Interest Rate5.5%

Amortization

Total Interest

$65,829

Total Cost

$145,029

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ROYAL LEPAGE REAL ESTATE SERVICES LTD.