RARE TURNKEY RESTAURANT, LOUNGE & PREMIER EVENT VENUE IN THE HEART OF DOWNTOWN RICHMOND HILL! This is far more than a restaurant space-it is a show-stopping hospitality and entertainment destination designed to host unforgettable experiences. Offering approx. 5,700 sq. ft. of restaurant, lounge and event space, plus approx. 680 sq. ft. of private office area, this exceptional venue features a dramatic dance floor, full bar, professional-quality sound and music infrastructure, two large-screen TVs, extensive seating capacity and a fully equipped commercial kitchen. An outstanding opportunity for weddings, engagement parties, corporate functions, birthdays, cultural celebrations, live entertainment, ticketed programs, private venue rentals, upscale dining and nightlife concepts. Approx. 40 parking spaces are currently allocated to the premises, with the potential to accommodate up to approx. 100 vehicles, subject to availability, landlord approval and applicable arrangements-an extraordinary advantage for event-focused operators. The existing layout and infrastructure may significantly reduce the time and capital normally required to build a venue of this scale. Furniture, fixtures, kitchen/bar equipment, sound and music systems, TVs, tables, chairs and other business assets may be available through a separate agreement with the current business owner and are not included in the base rent. Existing liquor-licence and hookah-related approvals are subject to independent verification, transferability and regulatory approval. Net Rent: $25/Sq. Ft.; TMI: Approx. $12/Sq. Ft., plus HST, utilities and applicable charges. A space of this scale, energy and event capability is rarely offered in Richmond Hill. Photos cannot capture its atmosphere-book a private showing and experience the possibilities in person!
Minimum Rental Term:
36
Maximum Rental Term:
60
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Approx. Age:
31-50
Total Area:
7491 sq. ft. Square Feet
Total Area:
7,491 sq. ft.696 m2
Retail Area:
6806 sq. ft. Sq Ft
Office/Apt Area:
686 sq. ft. Sq Ft
Lot Depth:
615'7½"188 m
Lot Frontage:
200'2"61 m
Bathrooms:
6.0
Water supply:
Municipal
Zoning:
R-IND Depth
Heating type:
Gas Forced Air Open
Clear Height:
17'5.18 m
Survey Available:
No
Garage:
Outside/Surface
Parking Spaces:
40
Possession Details:
TBA
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$80,000 /
2025
Assessment:
$- /
2025
York
Richmond Hill
Observatory
No
Use of the leased premises, including the existing built-in bar area, dance floor, private office area and permanent improvements forming part of the premises, as specifically identified in the final lease agreement.
All furniture, trade fixtures, commercial kitchen and bar equipment, sound and music equipment, televisions, tables, chairs, décor, inventory, business name, goodwill, licences and other assets belonging to the current business owner, unless separately purchased, leased or otherwise agreed in write
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