$198,800
( $198.80Per Sq Foot )
 $1,067 est/mo Sourced by Back At You

40 Main Street , Hamilton, ON L0R 2H0

Hamilton, ON L0R 2H0

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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

Details

MLS#X11940157
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site90
Listing Provided ByRE/MAX FIND PROPERTIES | X11940157 301400

Features

SQ Feet1,000
Acreage0.02
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 40 seconds ago
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL0R 2H0
AreaWaterdown
Listing VS Median (In L0R 2H0)
Price:
$198,800
low | high
Med:
$2,099,000
100% of Average
SqFt:
1,000
low | high
Med:
6,078
100% of Average
$ / SqFt:
$199
low | high
Med:
$345
23.714216857578% of Average
On site:
90
low | high
Med:
6.000000
100% of Average
Sourced by Back At You
Listing Updated: April 8, 2025 at 3:25:25 AM PDT