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243 KING STREET E, Hamilton, Ontario, L8N 1B6

MLS® # X13491234
Commercial For Sale In Beasley, Hamilton, Ontario
$89,999

None Beds

1 Bath

243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
243 King Street E, Hamilton, ON
  • Advertising
243 KING STREET E, Hamilton, Ontario, L8N 1B6
$89,999

Property Information:

Rare opportunity to own a profitable convenience & vape store in the heart of Downtown Hamilton! Recently renovated and operating in a high-traffic location with excellent neighbourhood exposure and a loyal customer base. Very affordable rent of only $1,300/month + HST, making this an exceptional investment. Current average monthly sales are approximately $33,000, with a newly added vape section already generating an additional approximately $4,000/month in sales, offering excellent future growth potential. Lotto sales average $2,000-$3,000/month, while strong sales from cigars and beverages provide attractive profit margins. Additional passive income includes approximately $400/month from a Bitcoin ATM and approximately $200/month from a cash ATM. Turnkey operation ideal for owner-operators, families, or investors looking for a well-established business with multiple revenue streams and low overhead. Flexible possession available. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: No heat
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Zoning: Commercial

Courtesy of: RE/MAX REALTY SERVICES INC.

REALTOR.ca  

Location of 243 KING STREET E, Hamilton, Ontario, L8N 1B6

Demographic Information of 243 KING STREET E, Hamilton, Ontario, L8N 1B6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$73,201.28

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.13 %

High school certificate or equivalent

24.75 %

Apprenticeship trade certificate/diploma

5.1 %

College/non-university certificate

19.47 %

University certificate (below bachelor)

2.04 %

University Degree

31.51 %

Commuter

Travel To Work

By Car

49.2 %

By Public Transit

29.59 %

By Walking

14.87 %

By Bicycle

0.89 %

By Other Methods

5.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

93.7 %

Houses

6.3 %

Own Vs. Rent