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SaleCommercial Retail

198 King Road

Richmond Hill, ON L4E 2W1

Price

$2,425,000

Building Size

10,366 sq ft

Lot: 10,366 sq ft

MLS# N13877428 | Listed by RIGHT AT HOME REALTY

Business Details

Property Use

Multi-Use

Franchise

No

Commercial Space & Financials

Retail Area

1,000 sq ft

Taxes (Annual)

$9,979.89

Industrial Specifications

Lot Size

69.62' × 148.67'

Structure

Freestanding

Property Description

ATTENTION DEVELOPERS, INVESTORS, BUILDERS & BUSINESS OWNERS! Exceptional Investment & Redevelopment Opportunity in Prime Oak Ridges! Discover a rare opportunity to secure a prominent corner property in the heart of Oak Ridges, offering excellent visibility, strategic positioning, and potential access from both King Road and Hughes Avenue. Designated GC1 (General Commercial) Zoning, the property offers a wide range of permitted commercial uses, including medical and dental clinics, financial institutions, professional offices, veterinary clinics, pet stores, daycare facilities, personal service businesses, laundromats, health centers, photography studios, and more, subject to applicable zoning provisions and municipal approvals. The property currently features an existing bungalow with renovation potential, presenting an opportunity to generate rental or holding income while exploring future commercial development or redevelopment possibilities. A RARE COMBINATION OF LOCATION, EXPOSURE, COMMERCIAL ZONING & LONG-TERM INVESTMENT POTENTIAL! Ideal for developers, investors, entrepreneurs, professionals, and owner-users seeking to capitalize on a strategically located property in the growing Oak Ridges community. Invest Today. Generate Income. Unlock Tomorrow's Potential! Buyer and Buyer's Agent to independently verify zoning, permitted uses, access, redevelopment potential, and all applicable municipal requirements and approvals.

Price & Status History

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Location

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198 King Road, Richmond Hill L4E 2W1

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Listing Courtesy of: RIGHT AT HOME REALTY

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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