$225,000 Sale

Listed 125 days ago

516 Centennial Parkway N #4

MLS® x13420542 Sale Of Business

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Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$854/mo

Key Facts

Key facts for 516 Centennial Parkway N #4

Property Type

Commercial

Parking

Plaza

MLS #

X13420542

Size

Basement

Listed on

2026-06-09

Lot size

460 x 925.42

Tax

Days on Market

126

Approximate Age

Maintenance Fee

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 Joe...s, 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.

Full Property Details

General

Business Type

Fast Food/Takeout

Retail Area

1599.00 Sq Ft

Total Area

1599.00 Square Feet

Sprinklers

Drive-In Level Shipping Doors

Double Man Shipping Doors

Grade Level Shipping Doors

Truck Level Shipping Doors

Business Type

Fast Food/Takeout

Retail Area

1599.00 Sq Ft

Total Area

1599.00 Square Feet

Sprinklers

Drive-In Level Shipping Doors

Double Man Shipping Doors

Grade Level Shipping Doors

Truck Level Shipping Doors

Interior

Washrooms

Heating Fuel

Gas Forced Air Closd

Air Conditioning

Yes

Washrooms

Heating Fuel

Gas Forced Air Closd

Air Conditioning

Yes

Exterior

Depth

925.42

Front

459.51

Lot Size

460 x 925.42 ft

Parking Spaces

Total Parking Spaces

Parking Description

Plaza

Garage Spaces

Zoning

G1-S/-1613

Depth

925.42

Front

459.51

Lot Size

460 x 925.42 ft

Parking Spaces

Total Parking Spaces

Parking Description

Plaza

Garage Spaces

Zoning

G1-S/-1613

Building Description

Home Type

Commercial

Subtype

Sale Of Business

Water Supply

Municipal

Possession Date

7/1/2026

Home Type

Commercial

Subtype

Sale Of Business

Water Supply

Municipal

Possession Date

7/1/2026

Community

Stoney Creek

Community

Stoney Creek

Taxes & Fees

Tax Year

2026

Occupancy

Owner

Tax Year

2026

Occupancy

Owner

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Natalia Ovsey

Email: [email protected] Cell: 647-962-9311