10123 Yonge Street
Richmond Hill, L4C 1T7
FOR SALE
$250,000
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Sale Of Business
CATEGORY 1,200 Sq Ft
RETAIL AREA N13822266
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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
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Property Details
Address
10123 Yonge Street
Community
City
Postal Code
L4C 1T7
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
COMMERCIAL
Lot Size
5' x 14'
Retail Area
1,200 Sq Ft
Taxes
$20,855 (2026
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Central Home Realty Inc.
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