#A17 1550 16TH Avenue, Richmond Hill (Headford Business Park) - Business for Sale
#A17 1550 16TH Avenue, Richmond Hill (Headford Business Park), Ontario, L4B3K9
This business in Richmond Hill is for sale offering roughly 1,243 sq ft of space. It has been on the market 30 days, fresher than the Richmond Hill average of 108 days.
Description
Profitable LOCATION! Leslie St & 16Th Ave - One Of The Best Location For Your Business! - Rare To Find! Turn-Key Bakery For Sale At Leslie St & 16th Ave, Richmond Hill. A Fully Operational Bakery At One Of Richmond Hill's Most Desirable Intersections. Located In The Heart Of One Of The GTA's Most Affluent Communities, This Is The Kind Of Location That Almost Never Comes To Market. Retail Storefront Corner Unit! Fully Equipped Production Kitchen At The Rear - Everything Ready To Operate From Day One. Built On A Natural And Healthy Ingredients Brand With A Loyal, Growing Local Customer Base. Purpose-Built To The Highest Standard With All Municipal Permits, Professional Design Drawings, And Full Code Compliance. Newer Certified Commercial Equipment Included - Completely Equipped And Ready To Go. A Once-In-A-Market Opportunity For A Baker, Pastry Chef, Specialty Bakery Operator, Or Any Related Food Business Or Similar Ideas - Imagination Is Yours. The Hard Work Is Done - A New Owner Walks In And Hits The Ground Running. Adaptable To Any Bakery Concept For Everyday Sales, Custom Orders, Weddings, Birthdays, Banquets, Festivals, And Celebrations. Adjacent Event Venue Next Door Offers A Natural Catering Partnership Opportunity. Sale Includes All Existing Equipment, Brand, Training, And Leasehold Improvements. Sellers Available For Transition Support. Unique Opportunity In Amazing Location! (id:66096)
Property Details
- MLS®
- N13872886
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- COMMERCIAL
- Interior Size
- 1,243 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 30 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 30 days on market, against an average age of 108 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Richmond Hill (Headford Business Park) has been listed for 30 days, which is 78 days fresher than the city average of 108. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4B)
This home lists at $198,000, about 2.0× the local median household income of $97,000.
Carrying it typically needs a household income of about $38,676 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $97,000
- Population
- 36,080
- Median age
- 45.6
- Owner / renter
- 80% / 20%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA L4B)
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$198,000
Richmond Hill