Patio, street for 40 Main St, Hamilton Ontario L0R 2H0
29 days on Market

40 Main St, Hamilton, Ontario L0R 2H0

Other
-
-
- sqft
$198,800
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$854/mo

Tax Amount (2024)-

Days On Market29 days


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


Property Details

StyleWithout Property
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces4
MLS ®NumberX11940157
Community NameWaterdown
Data SourceTRREB
Listing byRE/MAX FIND PROPERTIES

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: N

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by RE/MAX FIND PROPERTIES, Brokerage

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Population and Demographics

Overview

Total population 9928
Average household income $160,659

Age (%)

0 to 19
24%
50 to 64
22%
35 to 49
20%
20 to 34
18%
65 and plus
16%

Household composition (%)

Single family
76%
Single person
21%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
91%
Others
7%
Polish
1%

House tenancy (%)

Owners
80%
Renters
20%

Schools and amenities

Estimated Budget