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    For Lease - 53 Observatory Lane, Richmond Hill, Ontario

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    Time on Jump  8 day

    AI Summary *

    • Rare turnkey restaurant and lounge in downtown Richmond Hill.
    • Spacious 5,700 sq. ft. event venue with a dance floor and full bar.
    • Professional sound system and two large-screen TVs for entertainment.
    • 40 parking spaces available, expandable for larger events.
    • Existing layout reduces time and cost for setup and operation.

    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!
    Listing IDN13749360
    Address53 Observatory Lane
    CityRichmond Hill, Ontario
    Lease$25
    Bath6 Full
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Lease

    Subtype Commercial RetailOwnership LeaseholdHeating / Cooling Gas Forced Air Open

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    Listing Agency:  YORK NATIONAL REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    53 Observatory Lane
    Richmond Hill , Ontario
    6 $25
    Get more info