40 Main Street N, Hamilton, Ontario L0R 2H0

Listed for:
$198,800
0 beds
0 baths
Listed 69 days ago
40 Main Street N, Hamilton, Ontario L0R 2H0

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Learn more about this property
Listing provided by:
RE/MAX FIND PROPERTIES
MLS® number:
X11940157
Agent:
Muhammad Kamran Hussain
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About

Main and Dundas 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 (id:27476)

Property Highlights

MLS® Number
X11940157
Type
Business
Community Name
Waterdown
Parking Space Total
4

Building

Square Footage
1000 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Street Spotlight - For sale