111 9580 Yonge Street, Richmond Hill

Bathrooms: 1
Living area: 2900 square feet
Type: Commercial
Added: 3 weeks ago
Updated: 3 weeks ago
Last Checked: 1 week ago
Listed by: EXP REALTY
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Listing description
This Commercial listing at 111 9580 Yonge Street Richmond Hill, ON with the MLS Number n12344829 listed by Sudip Sorathiya - EXP REALTY on the Richmond Hill market 3 weeks ago at $679,000.

An incredible opportunity to own a thriving franchise restaurant located in one of the busiest, high-foot-traffic plazas on historic Yonge Street, surrounded by vibrant retail and constant passerby exposure. This completely turn-key business offers approximately 2,900 sq. ft. of beautifully renovated space with seating for 150 guests, including a welcoming patio. Recently updated to reflect the modern franchise theme, the restaurant boasts a newer sign, LLBO license, and a fully equipped commercial kitchen, along with over $30,000 invested in new freezers and HVAC systems for peace of mind and operational efficiency. The spacious interior features an open layout with high ceilings, a large bar, multiple seating zones, and private screen suites perfect for hosting events or private gatherings. Supported by a well-trained staff, this business benefits from strong and growing brand equity, a loyal repeat clientele, and consistent online engagement, making it a rare chance to step into a profitable, well-established operation in a premium location. Lease is valid until September 2026 with 5 years of renewal available. (id:1945)

Property Details Key information about 111 9580 Yonge Street

Cooling: Fully air conditioned
Heating:
- Forced air
- Natural gas

Exterior & Lot Features Learn about the exterior and lot specifics of 111 9580 Yonge Street

Water Source: Municipal water
Lot Size Dimensions: 202.12 x 274.52 FT

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Nearby Listings Stat Estimated price and comparable properties near 111 9580 Yonge Street

Active listings

Min Price

$399,000

Max Price

$3,898,900

Avg Price

$646,821

Days on Market

46 days

Sold listings

Min Sold Price

$399,800

Max Sold Price

$1,098,000

Avg Sold Price

$559,363

Days until Sold

52 days

Nearby Places Nearby schools and amenities around 111 9580 Yonge Street

Alexander Mackenzie High School (1.4 km)
300 Major Mackenzie Dr W, Richmond Hill

Langstaff Secondary School (2.4 km)
106 Garden Ave, Richmond Hill

Bayview Secondary School (2.6 km)
10077 Bayview Ave, Richmond Hill

Hillcrest Mall (0.7 km)
9350 Yonge St, Richmond Hill

Richmond Hill Public Library (1.1 km)
1 Atkinson St, Richmond Hill

The David Dunlap Observatory (1.1 km)
123 Hillsview Dr, Richmond Hill

York Central Hospital (1.6 km)
10 Trench St, Richmond Hill

Price History

Listed

August 14, 2025

by EXP REALTY

Commercial For Sale

$679,000

111 9580 Yonge Street, Richmond Hill

Listing description This Commercial listing at 111 9580 Yonge Street Richmond Hill, ON with the MLS Number n12344829 listed by Sudip Sorathiya - EXP REALTY on the Richmond Hill market 3 weeks ago at $679,000.

Nearby Listings Stat Estimated price and comparable properties near 111 9580 Yonge Street

Nearby Places Nearby schools and amenities around 111 9580 Yonge Street

Price History

Similar Commercial Listings For Sale

Listing description
This Commercial listing at 111 9580 Yonge Street Richmond Hill, ON with the MLS Number n12344829 listed by Sudip Sorathiya - EXP REALTY on the Richmond Hill market 3 weeks ago at $679,000.