12-670 Highway 7 Road East, Richmond Hill | Image 1

12-670 Highway 7 Road East

Richmond Hill, Beaver Creek Business Park

  • Commercial

$188,000
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Hospitality/Food Related

  • Zoning: commercial

  • Age: No Data

  • Taxes: 2200

  • MLS®#: N11919188

  • Days on Site: 32 Days

  • Added: Jan 11, 2025 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX HALLMARK REALTY GROUP

Current tenant will leave. Rental option $2500 net rent + TMI. Restaurant Property for Sale: A 423-square-foot food court unit located in the Shoppes of the Parkway, adjacent to the Sheraton Hotel in the heart of Richmond Hill town center. This property benefits from extensive underground parking shared with the hotel, with additional outdoor parking available. Conveniently accessible from City Hall and directly connected to the food court, this space offers high visibility and foot traffic. The current tenant, a Korean fried chicken restaurant, has a lease that ends in two months. Tenants will move out on or before April 30 2025. This is a prime opportunity to start your own restaurant or lease the space for a strong return on investment. The unit is equipped with a commercial hood fan and a sprinkler system.

Property

  • Status: Sale

  • Type: Hospitality/Food Related

  • Property Type: Commercial/Retail

  • Property Type: Commercial Condo

  • Area: Richmond Hill

  • Community: Beaver Creek Business Park

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Underground

Fees

  • Tax Year: 2024

  • Taxes: $2,200

  • Taxes Type: Annual

Land

  • Cross Street: 404/Highway 7

  • Municipality District: Richmond Hill

  • Parcel Number: 293820012

  • Zoning: commercial

Commercial Specific

  • Shipping Doors Truck Level: 2

  • Retail Area: 420

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 420

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Rec Centre

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Financial Statement: N

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