Just Listed
Address
10123 Yonge Street, Richmond Hill, ON
Price
$ 250,000
Property Attributes
  • ID#N13822266
  • TypeCommercial
  • Listing Status Active
  • MunicipalityRichmond Hill
  • CityRichmond Hill
  • NeighbourhoodCrosby
  • Postal CodeL4C 1T7
  • StyleCommercial Business
  • Price$ 250,000
  • Bedrooms{}
  • Bathrooms0
  • Half Bathrooms0
Data Source:
RLP - CREA EN
Property Description

Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill

General Features

Zoning COMMERCIAL
Terms SALE
Neighbourhood Crosby
Property Sub Type COMMERCIAL_BUSINESS
jumpId 29294234
Property Subtype French Commercial Business
Listing Type French Commercial
MLS N13822266
Property Type Business

Interior Features

Bedrooms {}
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L4C 1T7

Price
AVG $1.18M
$250K