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Last Updated : 453 Days ago
40 Main St N, Hamilton, Ontario, Waterdown

40 Main St N, Hamilton MLS Number: X11940157

Waterdown, Hamilton, ON, L0R 2H0

$198,800

Status: OFF MARKET

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $0.00 (Tax Year:2024)
  • Listing Courtesy : Re/max Find Properties

40 Main St N Property 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

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40 Main St N Property Facts

Property Type :Commercial
MLS Number :X11940157
Listing Type :Sale
Possession Date :
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Last Updated :14 Feb, 2025 (453 Days ago)
Source :TRREB
Area :Hamilton
Postal Code : L0R 2H0

40 Main St N Property Price & Tax Insights

Price : $198,800
Property Taxes :$0.00
Tax Year :2024

40 Main St N, Hamilton Property Details

Cross Street :Main and Dundas

40 Main St N, Hamilton - Price History

2025-01

24 Jan, 2025

TREB #X11940157

Available

$198800.0

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40 Main St N - Location Map and Landmarks

  • Joseph Brant, Halton 7.68 km
  • McMaster Children's, Hamilton 8.59 km
  • Hamilton General, Hamilton 8.66 km
  • McMaster University Medical Centre, Hamilton 8.8 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 9.71 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 10.48 km
  • St. Peter's, Hamilton 11.02 km
  • Juravinski  and Cancer Centre, Hamilton 11.19 km
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