360 HIGHWAY 7 N/A E #11 Active Save Request In-Person Tour Request Virtual Tour
Richmond Hill,ON L4B 3Y7
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 970 sqft
Price per Sqft $927
Subdivision Doncrest
MLS Listing ID N12009557
Annual Tax Amount $6,011
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Exceptional Investment Opportunity in Prime Richmond Hill Location! Seize the chance to own a premium commercial retail unit situated at the bustling intersection of Highway 7 and Bayview Avenue. This 970 sq.ft. property boasts a newly secured 5-year lease with a high-quality tenant, including a 5-year renewal option. The tenant plans significant capital improvements, enhancing the property's value and appeal. Key features include an owned parking spot, ample additional parking adjacent to the underground parking exit, and proximity to new condominium developments, attracting a growing population to the area. The unit is fully equipped for restaurant use, featuring a comprehensive security system and low maintenance requirements. Located in the vibrant Doncrest neighborhood, this property offers excellent exposure and accessibility, making it an ideal investment for discerning buyers.
Location
Province ON
County York
Community Doncrest
Area York
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 15.0
Lot Depth 61.0
Others
Security Features Yes