847 UPPER JAMES STREET, Hamilton (Centremount)

$799,999

For sale: Other

Other at 847 UPPER JAMES STREET, Hamilton (Centremount)
Property type
Sale Of Business
MLS®
MLS® X13541050
Neighbourhood
Centremount

Turnkey profitable Shelby's Legendary Shawarma franchise store for sale - One of the top Middle Eastern Shawarma food franchises in Hamilton. This well-established store is situated in a prestigious location - on a very strong high-traffic stretch of Upper James Street on the Hamilton Mountain, prominently situated along Upper James Street, the property benefits from excellent visibility and convenient access to the Lincoln M. Alexander Parkway (The Linc), Highway 403, the Queen Elizabeth Way (QEW), and John C. Munro Hamilton International Airport, along with a wide array of nearby amenities. Ensuring great visibility and high foot traffic. It offers consistent sales, is easy to operate with full franchise support, and is ideal for owner-operators, investors looking for profitable and reputable brand opportunity. Unbeatable location. Key highlights: Prime location: A popular spot for middle eastern cuisine. Strong Financial performance: Annual sales 2025: Approx. Gross sales $1.85 Million, Rent: Approx. $5200/Month Inc. TMI. Lease: Current lease long term till 2032 + 5 years option to renew. Royalty Fee: 6%. Advertising Fee: 2%. Store Area: Approx. 2000 Sq. Ft. Recently started Abbas Smoothie in this location so sales are still growing for smoothies. Full training will be provided to the new buyer. Don't miss this opportunity! Please do not go directly to the store.

Sold data

Homes in Hamilton (Centremount) — recent sold market

Homes in Hamilton (Centremount) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 1,265 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $685,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$685,000
Sale-to-list ratio
97.0%
Sold above asking
12%

Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Centremount)

Hamilton (Centremount) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Centremount)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 847 UPPER JAMES STREET