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255 KING STREET E, Hamilton (Beasley), Ontario, L8N1B9

MLS: X12837708 | Business

$79,000

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Property Description

A rare opportunity to acquire a long-standing, well-known restaurant in the heart of downtown Hamilton. Das Schnitzelhaus (formerly Black Forest Inn) has been a fixture in the community for decades and now operates under new ownership, offering a solid foundation with room for growth. The restaurant spans approximately 4,866 square feet and is located within a heritage-designated building, providing character, charm, and an authentic atmosphere that is difficult to replicate. Current monthly sales average $100,000, with upside potential through expanded hours, programming, or concept refinement. Licensed for 130 indoor seats plus an additional 93 seats on a highly visible corner patio, this space is well-positioned to capitalize on downtown foot traffic, events, and seasonal patio demand. The existing concept is well-established and recognized, and continuing the operation as-is would be ideal. That said, the layout and ambiance also lend themselves to alternative concepts-such as a traditional Irish pub for operators looking to put their own stamp on a historic space. The current owner is committed to a smooth transition and will remain on-site to train and assist for 4-6 weeks, ensuring continuity of operations and knowledge transfer. An excellent opportunity for an experienced operator or hands-on owner seeking a character-rich location with history, liquor licensing, and long-term potential in a growing downtown core. New lease to be negotiated with Landlord. Current Gross Rent = $8000 Inclusive of TMI & HST. Please do not go direct or speak to staff. Your discretion is appreciated. (id:64974)

Directions: Cross Streets: King St E & Wellington Ave N. ** Directions: Head west on King St E towards Ferguson Ave N and the property will be on the north side of King St E.

Quick Facts

  • Property Type: Business
  • Bedrooms: None
  • Bathrooms: None
  • Living Area: 4,866 sq ft (452.1 m²)
  • Frontage: 60 ft (18.4 m)

Listing Provided by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Forced air, Natural gas
  • Cooling: Fully air conditioned

Exterior & Construction

  • Water: Municipal water

Lot & Land

  • Frontage: 60 ft (18.4 m)
  • Zoning: Commercial

Community & Neighbourhood

  • Neighbourhood: Beasley

Listing Information

MLS® NumberX12837708
BoardToronto
Originating SystemToronto Regional Real Estate Board
BrokerageROYAL LEPAGE REAL ESTATE SERVICES LTD.
Date ListedMarch 3, 2026
Last UpdatedMarch 3, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 255 KING STREET E, Hamilton (Beasley), Ontario, L8N1B9

DateDays on MarketPriceEventListing ID
3/3/20260$79,000For SaleX12837708
3/3/20260$79,000ListedX12837708
🔄3/3/20260Status ChangedX12837708

Location & Neighborhood

📍255 KING STREET E, Hamilton, Ontario, L8N1B9
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