For Sale

40 Main Street, Hamilton (Waterdown), Ontario L0R2H0

$198,800

40 Main Street, Hamilton (Waterdown), Ontario L0R2H0 is For Sale and has a listing price of 198,800. The property is located in the Flamborough neighbourhood. It's been on the website for 29 Days.

  • Business
    Property Type
  • 4
    Parking Spaces
  • MLS ID: X11940157
  • Office Name RE/MAX FIND PROPERTIES,RE/MAX FIND PROPERTIES
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 (id:43137)

Property Details
  • MLS ID: X11940157
  • Price: $198,800
  • Transaction Types: For Sale
  • Ref ID: 27841340
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
01/24/2025 X11940157 $198,800 For Sale - -
10/15/2024 X9395560 $889,900 For Sale - -
10/15/2024 X9395520 $889,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Flamborough
  • $1,441,846 Average List Price
    based on 1 year
  • 168 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.05 % Up
  • Sold (12mo) 299
  • Rented (12mo) 208

  • 1 Month Change -5.8%
  • 3 Month Change +5.2%
  • 6 Month Change +13.1%
Walkscore
  • 87 Walk Score
    Very Walkable
  • 24 Transit Score
    Minimal Transit
  • 50 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    66.62%
  • All Houses/Commercial
    0.02%
  • Commercial
    9.32%
  • Condo
    23.42%
  • Land for Sale
    0.63%
Additional Details
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 4
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Farm/Agriculture Other
  • Listing Entry Date: 24/01/2025 00:00:00
  • Zoning A-ep
  • Agent Name: MUHAMMAD KAMRAN HUSSAIN,HUMAYUN KHAN
  • Last Updated: 08/02/2025 02:32:35
Open House Dates
Want to see this property?