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1508 Upper James St 30,000 SF 4-Star Office Building Hamilton, ON L9B 1K2 $80,129 USD ($2.67 USD/SF)

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Investment Highlights

  • Turn-Key Asset Sale: Fully equipped fast-casual restaurant ready for a new concept.
  • Save Time & Capital: Avoid the massive costs and permitting delays of a raw restaurant build-out.
  • Massive Foot Traffic: Anchored by major brands like Winners, Mandarin, Montana's, and Starbucks.
  • Valuable Lease: Secure, highly competitive lease assigned through July 31, 2030.
  • Liquor Permitted: Current lease permits the sale of beer, wine, and coolers (subject to licensing).
  • Concept Flexibility: Bring your own brand and menu (subject to Landlord approval and plaza exclusives).

Executive Summary

RARE TURN-KEY RESTAURANT OPPORTUNITY IN PREMIUM RIOCAN PLAZA! Incredible opportunity to acquire a fully built-out, 1,191 sq. ft. fast-casual restaurant in Hamilton’s bustling Upper James Square. Located in a high-traffic, professionally managed RioCan power centre, this unit benefits from massive daily foot traffic and exposure alongside powerhouse co-tenants like Winners, Mandarin, Montana's, and Starbucks. Skip the massive upfront costs, permit delays, and headaches of building a commercial kitchen from scratch! This asset sale includes a fully fitted turn-key setup and an extensive equipment package perfectly optimized for a high-volume takeout or fast-casual concept. Please contact the listing agent directly for the complete equipment list and value breakdown. Secure your business's future by taking over a highly competitive existing lease expiring July 31, 2030. The buyer has the opportunity to bring their own brand and menu, subject to the Landlord’s written approval of the use clause and lease assignment.

Property Facts

Sale Type
Owner User
Sale Conditions
Business Value Included
Property Type
Office
Building Size
30,000 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2000
Construction Status
Proposed
Price
$80,129 USD
Price Per SF
$2.67 USD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
10,000 SF
Slab To Slab
10’
Building FAR
1.09
Lot Size
0.63 AC
Zoning
TOC4 - Commercial

Amenities

  • Food Service
  • Restaurant

About 1508 UPPER JAMES ST , HAMILTON, ON L9B 1K2

An exceptional opportunity to acquire a fully built-out, 1,191-square-foot turn-key restaurant space located in the highly coveted Upper James Square power centre in Hamilton, Ontario. Professionally managed by RioCan Real Estate Investment Trust, this plaza is a dominant retail destination on the Hamilton Mountain, boasting massive daily foot traffic and exceptional visibility. The incoming operator will benefit from powerful synergy with major national and regional co-tenants, including Winners, Mandarin, Montana's, Spring Sushi, and Starbucks. This business asset sale allows a new operator to completely bypass the massive capital expenditure, extensive permitting delays, and construction headaches associated with building a commercial kitchen from a raw shell. The unit is perfectly sized and optimized for a high-volume quick-service or fast-casual concept. The sale is conditional upon the assignment of a highly competitive, secured commercial lease that extends through July 31, 2030. The buyer will have the flexibility to introduce their own brand and menu, subject to the Landlord's written approval and existing plaza exclusive use clauses.

Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39709346

  • Date on Market: 3/9/2026

  • Last Updated:

  • Address: 1508 Upper James St, Hamilton, ON L9B 1K2

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