40 Main N Street, Hamilton, ON L0R 2H0

  • $198,800
40 Main N Street, Hamilton, ON L0R 2H0
Active For Sale
40 Main N Street, Hamilton, ON L0R 2H0
40 Main N Street, Hamilton, ON L0R 2H0
  • $198,800

Overview

Property ID: HZX11940157
  • Sale Of Business, Commercial
  • Property Type
  • 1000
  • Sqft

Description

Be Your own Boss-This is a unique opportunity to own a state-of-the-art, legally licensed cannabis retail store in the heart of Waterdown. Situated at the high-traffic intersection of Main and Dundas, this business benefits from excellent exposure, daily foot and vehicle traffic, and a strong reputation for 5-star customer service. Established in December 2021, this turnkey operation has a stabilized income and growing sales, with financial statements available for review. The attractive lease includes 5 years remaining with one 5-year renewal terms, and renovated 1000 sq. ft. space features luxurious finishes like engineered wood floors, custom built-in cabinets with LED pot lights, and a vinyl-wrapped interior. A fully approved security system, including cameras, motion detectors, reinforced security gates, and electronic locks, ensures peace of mind. The well-designed layout includes a delivery and staff entrance, secured storage, bathroom, breakroom, and a spacious managers office. With sales exceeding the Ontario average and consistent monthly growth, this is an exceptional chance to acquire a thriving cannabis retail business in a prime location. **EXTRAS** Monthly Rent $3513 Plus Hst-Annual Sales $506,000 (2023) $525,000 (2024) Open Daily 10-am-10p.m. Purchase Price plus Inventory

  • Address 40 Main N Street
  • City Hamilton
  • State/county ON
  • Zip/Postal Code L0R 2H0

Details

Updated on February 14, 2025 at 8:22 pm
  • Property ID: HZX11940157
  • Price: $198,800
  • Property Size: 1000 Sqft
  • Garage Size: x x
  • Property Type: Sale Of Business, Commercial
  • Property Status: Active, For Sale

Additional details

  • Utilities: Available
  • Cooling: Yes
  • County: Hamilton
  • Property Type: Commercial Sale

Mortgage Calculator

$639,588.79
Monthly
  • Down Payment $29,820.00
  • Loan Amount $168,980.00
  • Monthly Mortgage Payment $1,438.79
  • Property Tax $497,000.00
  • Home Insurance $83.33
  • PMI $140,816.67
  • Monthly HOA Fees $250.00
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