Hamilton, ON L8V 3L9,527 Upper Sherman AVE
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$ 399,900
Est. payment | /mo

1,765 SqFt


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$ 399,900
Est. payment | /mo
Save

1,765 SqFt

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,765 sqft

Price per Sqft $226

MLS Listing ID X10441212

Annual Tax Amount $5,773

Tax Year 2024

Property Description

Turnkey opportunity to own Mahal Restaurant, a community favorite for Indian and Pakistani cuisine, located in the heart of downtown Hamilton at 527 Upper Sherman Ave. This thriving business features a fully equipped commercial kitchen, including a gas stove, clay oven, fryers, walk-in cooler & freezer, pizza and dough-making machines, and more, ensuring efficient operations. The stylish dining area, combined with takeout and online ordering systems through platforms like Uber Eats and Skip The Dishes, drives steady revenue and loyal customers and strong sales. Known for its exceptional menu and loyal clientele, this standalone business operates free of franchise fees. Included in the sale are all operational assets, branding materials, and offers of transition assistance for a seamless handover, or the option to rebrand as desired. Positioned in a high-visibility downtown location with excellent foot traffic, Mahal serves a diverse clientele and is a cornerstone of the local investors.

Location

Province ON

County Hamilton

Community Eastmount

Area Hamilton

Region Eastmount

City Region Eastmount

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Available

Listed by HOMELIFE MAPLE LEAF REALTY LTD.
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527 Upper Sherman AVE