For saleMLS® X14088892

1508 UPPER JAMES Street, Hamilton, ON L9B 1K3

Mewburn, Hamilton · Near Rymal Rd E · View map

$385,000
Sale of businessType
NoneParking
$385,000
FreeholdNo monthly condo fee

About this home

LOCATION! LOCATION! LOCATION! Are you looking for an established and successful dine-in restaurant? look no further, I've got the perfect opportunity for you! This fabulous Mediterranean Grill has been in operation for decades and the operator has done an excellent job maintaining the place with high level of quality in their food, customer service and overall atmosphere and experience. LITERALLY one of the BEST locations in Hamilton; Upper James! The location itself brings in a HIGH VOLUME of traffic in terms of vehicles and pedestrians. It is surrounded by many anchor Tenants which compliments the business extremely well. There is LOTS of parking in front of the restaurant and it also offers a backdoor for easy access for deliveries. There is extra storage and an office area in the Upper Level of the restaurant. Best of all, its GREAT RENT allows you to minimize your overhead costs making it more desirable to run the operations and experience a higher level of return. These well established and busy businesses rarely come to market especially being located in one of the busiest streets in Hamilton. With a high level of seating capacity, cafe area, and an open and bright atmosphere, this maybe just the business of your dreams! Please do not go direct.

The home

Type
Sale of business

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Tax year
2026
Occupancy
Owner
Possession
Flexible
Cross street
Rymal Rd E
Neighbourhood
Mewburn

More

MLS® number
X14088892

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Want to know something that isn’t listed?
Estimated monthly cost$1,794per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    1508 UPPER JAMES Street, Hamilton, ON L9B 1K3

    Mewburn, Hamilton · Near Rymal Rd E

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    Sold history

    Listing history for 1508 UPPER JAMES Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1508 UPPER JAMES Street

    Answers come straight from this home’s MLS® listing.

    How much is 1508 UPPER JAMES Street listed for, and what would it cost each month?

    1508 UPPER JAMES Street is listed for $385,000. With 20% down ($77,000), the mortgage payment would be roughly $1,553 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,794 a month, all in. That figure is an illustration, not a quote.

    Is 1508 UPPER JAMES Street freehold or a condo, and is there a monthly fee?

    1508 UPPER JAMES Street is a sale of business in Mewburn, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 1508 UPPER JAMES Street have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 1508 UPPER JAMES Street?

    1508 UPPER JAMES Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 1508 UPPER JAMES Street heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    Where is 1508 UPPER JAMES Street?

    1508 UPPER JAMES Street is in the Mewburn community of Hamilton. The nearest main intersection is Rymal Rd E. The postal code is L9B 1K3.

    Is 1508 UPPER JAMES Street still for sale?

    Yes. It is an active listing (MLS® X14088892). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 1508 UPPER JAMES Street asking?

    Similar properties for sale nearby right now include 4 - 1508 Upper James Street at $249,900, C5A - 150 Main Street W at $389,000 and 187 James Street N at $354,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1508 UPPER JAMES Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1508 UPPER JAMES Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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