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For saleMLS® X14088892

1508 UPPER JAMES Street, Hamilton, ON L9B 1K3

Mewburn · L9B 1K3

$385,000

2 weeks on market

0

What's special

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About this property

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.

Property details

Property

Property type
business
Zoning
TOC4 Exception: 947, 948
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$385,000

Listing

MLS® number
X14088892
Status
For sale
Listed
October 16, 2026
Days on market
19
Last updated
October 16, 2026
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 85% of comparable business for sale listings in Hamilton are asking less.

$49KMedian $149K$499K

Based on 78 comparable active business for sale listings in Hamilton. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $19,250
$19,250
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,022.29
Estimated monthly
$2,022

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$4,250
Total due on closing
$4,250

An estimate on the asking price of $385,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$385,000

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Comparable sales nearby

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