rotate

Rotate your device back to portrait Mode!

Retail Property For Sale at #SE-3 -9919 YONGE ST in Richmond Hill, Ontario

4 Sale ID #174555
Updated 03 May 2024

Asking Price

$563,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

Introducing Retail Unit SE-3, an extraordinary opportunity at the prestigious Beverly Hills Resort, nestled in the vibrant heart of Richmond Hill. Boasting a generous size of 626 square feet, with a rentable area of 796 square feet, this exquisite retail space offers limitless potential. Uniquely unfinished, Retail Unit SE-3 provides you with a pristine canvas on which to manifest your vision, allowing you to customize and personalize every detail according to your discerning taste. Convenience is paramount in this remarkable location, which provides public underground parking for seamless accessibility. Indulge in the luxurious ambiance of the Beverly Hills Resort, where sophistication meets unrivaled elegance. This prime location attracts a discerning clientele, offering a captivating blend of luxury living and thriving commercial activity. (id:39198)

  • MLS® : #N7247422
  • Date Listed : 25 Oct 2023

Location

Province

Ontario

City

Richmond Hill

Address

#se-3 -9919 Yonge St

Postal Code

L4C1H7

Location Highlights

N/A

Listed by

CENTURY 21 HERITAGE GROUP LTD. Ontario listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

626

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$563,000

Asking Price

$563,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

626

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors
help
Rate this listing for your dashboard.

Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors