324 Highway 7 E

Richmond Hill | Doncrest | L4B 1A6
  • 1200.0 sqft
  • 0 gar

Ask: $139,000 $165,000

Est. Mtg $559 /mo
  • Days on market

    114

  • Status

    A

Listing Broker HOME STANDARDS BRICKSTONE REALTY
Since listed: 1 views

Home details

MLS #:

N11901697

Property type:
Sale Of Business
Style:
Taxes:
$0
Possession:
OWNER
Condo Fee:
Lot Size:
0.0 X 0.0
Zoning:
Commercial
Use:
Restaurant
Heat:
Gas Forced Air Closd

Description


324 Highway 7 E, 3, Richmond Hill, Ontario is a Sale Of Business property in Richmond Hill and in the Doncrest community in the L4B 1A6 postal code


This well-established Japanese Fusion restaurant is located in a high-traffic commercial plaza on Highway 7, surrounded by a dynamic mix of residential and commercial properties that guarantee a steady stream of potential customers. Recently renovated with over $40,000 invested in modern upgrades, the restaurant boasts a stylish and inviting atmosphere perfect for dining.Menu Enhancement Opportunity: Transition from a Pasta-Sushi Fusion to a dedicated Sushi Specialty restaurant, offering a more focused and refined culinary experience.Limited Local Competition: Capitalize on the opportunity to stand out by offering a unique and differentiated dining experience in the area.LLBO Approval (Currently in Process): Anticipated revenue growth with the upcoming approval. **EXTRAS** Current lease till 9th March, 2027 with 5 yrs option to renew. Higher margin. Monthly rent $6700 (tmi and water inclusive). All figures as per seller..

Extras

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Payment calculator

$559 monthly. In association with: TD Bank
%
  • Principal and Interest
    559 /mo
  • Property Taxes
    $0 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mimmo Galatti, Realtor

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