40 Main Street North, Hamilton | Image 1

40 Main Street North

Hamilton, Waterdown

  • Commercial

$198,800
For Sale

Added 4 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: commercial

  • Age: No Data

  • MLS®#: X11940157

  • Days on Site: 16 Days

  • Added: Jan 24, 2025 (4 weeks ago)

  • Updated:

  • Last Checked: 10 hours ago

  • Listed By: RE/MAX FIND PROPERTIES

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

Extras

Monthly Rent $3513 Plus Hst-Annual Sales $506,000 (2023) $525,000 (2024) Open Daily 10-am-10p.m. Purchase Price plus Inventory

Property

  • Status: Sale

  • Type: Other

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Hamilton

  • Community: Waterdown

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Expenses: Act

  • Taxes Type: N/A

Land

  • Cross Street: Main and Dundas

  • Municipality District: Hamilton

  • Zoning: commercial

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 1000

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 1000

  • Total Area Metric: Sq Ft

  • Hours Open: 12hrs

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Financial Statement: Y

  • Gross Income/Sales: 525000

  • Estimated Inventory Value: 35000

  • LLBO: N

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Map of 40 Main Street North, Hamilton
7-8

Aldershot Elementary School

Elementary: Public
4.15 km
JK-8

St. Thomas Catholic Elementary School

Elementary: Catholic
0.39 km
JK-5

Mary Hopkins Public School

Elementary: Public
0.53 km
JK-8

Allan A Greenleaf Elementary

Elementary: Public
1.28 km
JK-8

Guardian Angels Catholic Elementary School

Elementary: Catholic
1.95 km
JK-8

Guy B Brown Elementary Public School

Elementary: Public
1.34 km
9-12

École secondaire Georges-P-Vanier

Secondary: Public
7.60 km
9-12

Aldershot High School

Secondary: Public
4.78 km
9-12

M M Robinson High School

Secondary: Public
6.48 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
8.33 km
9-12

Waterdown District High School

Secondary: Public
1.37 km
Pre-Grade 9-12

Westdale Secondary School

Secondary: Public
8.33 km
04-80 Hamilton Street North, Hamilton | MLS: X11908550
For Sale
1 month ago
$195,000
  • 0 bath
  • 0 bed

04-80 Hamilton Street North, Hamilton, Ontario • L8B 0G8 • Waterdown