$5,300,000

About this property

Rare opportunity to own your commercial address on Yonge Street - one of Ontario's most iconic and actively intensifying corridors. This move-in-ready 1.5-storey commercial building offers 3,782 sq ft of above-grade space across three levels: basement 823 sq ft, ground floor 2,164 sq ft, and second floor 795 sq ft. Three 8x20 ft storage containers add approximately 480 sq ft of enclosed utility space, easily retrofitted for warm/cold storage. Total GFA approximately 4,250 sq ft.The property holds an active occupancy certificate for retail use and is ready for immediate fit-out to suit your operation. On-site surface parking for 10-12 vehicles - an exceptional and increasingly rare amenity on Yonge Street that adds measurable commercial value for any use. Zoned RMU-COR1, among Richmond Hill's most permissive mixed-use designations, permitting office, major retail, medical, arts and cultural uses, live-work units, short-term accommodation, child care, private school, and more. Fit it out for your own business, lease it to a tenant, or structure a mixed-use strategy across floors. Positioned on a generous ~ 75 x 150 ft lot within Richmond Hill's designated Yonge Street intensification corridor, the Official Plan supports significant mid-to-high-rise densification along this stretch of Yonge. The land underneath this building appreciates on your behalf as the corridor evolves - making this the ideal buy-use-and-hold strategy for the sophisticated owner-occupier or investor. Stop writing rent cheques. Start building equity and capturing long-term land value on one of Ontario's most recognized streets.

Property details