255 King Street

ActiveHamilton157 days on marketMLS® X12837708
$79,000
$16 / sq ft
Bedrooms0
Bathrooms0
Interior4,866 sq ft
TypeCommercial
ListingFor Sale
Days on Market157

About this property

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.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX12837708
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size4,866 sq ft
Beds / Baths0 bed · 0 bath
CityHamilton
Postal CodeL8N 1B9
ProvinceON
Listed DateMarch 3, 2026
Days on Market157
Price per Sq Ft$16
BrokerageROYAL LEPAGE REAL ESTATE SERVICES LTD.

Location

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.