Richmond Hill, ON Commercial Real Estate for Lease and Sale

Explore 13 listings of Richmond Hill commercial real estate to find the best space for your business.

Richmond Hill
Regus
9225 Leslie Street Suite 201, Richmond Hill, ON
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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11611 Yonge St

11611 Yonge St, Jefferson, Richmond Hill, ON
Property

Retail
For Sale

Subject To Offer
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9050 Yonge Street

9050 Yonge Street, Richvale, Richmond Hill, ON
Property

Office

91,277 SF
Availability

7 Spaces

104,859 SF
For Lease

$18.00/SF/YR
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330 Highway 7
Zemlar Offices
330 Highway 7, Richmond Hill, ON
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Printer

Receptionist/Secretarial services

TV/Monitor

White boards

Window view
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10225 Yonge Street
Flex Space
10225 Yonge Street #R, Richmond Hill, ON
Services

Virtual Office

Open Workspace

Event Space

Private Office
Amenities

Catering

Complimentary coffee & tea

Free water

High-speed wifi

Mail services

Outdoor areas

Parking

Printer

Receptionist/Secretarial services

Snacks
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35 Leek Crescent

35 Leek Crescent, Beaver Creek Business Park, Richmond Hill, ON
Property

Office

5,816 SF
Availability

1 Space

5,816 SF
For Lease

$20.00/SF/YR
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100 York Boulevard

100 York Boulevard, Beaver Creek Business Park, Richmond Hill, ON
Property

Office

101,697 SF
Availability

5 Spaces

17,971 SF
Year Built

1985
For Lease

$17.50/SF/YR
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95 Mural Street
Skytek
95 Mural Street #600, Richmond Hill, ON
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

Business address

Catering

Cleaning services

Fax services

High-speed internet

IT support

Mail services

Office furniture

Printer

Receptionist/Secretarial services
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SmartCentres Richmond Hill

1070 Major Mackenzie Drive East, Rouge Woods, Richmond Hill, ON
Property

Retail

272,000 SF
Availability

1 Space

1,800 SF
For Lease Contact for pricing
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9301 Bathurst Street

9301 Bathurst Street, North Richvale, Richmond Hill, ON
Property

Retail

1,145 SF
Availability

1 Space

1,145 SF
For Lease Contact for pricing
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670 Highway 7 #8

670 Highway 7, Beaver Creek Business Park, Richmond Hill, ON
Property

Office

2,930 SF
For Sale

$988,888
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35 Fulton Way

35 Fulton Way, Beaver Creek Business Park, Richmond Hill, ON
Property

Office

10,638 SF
Availability

1 Space

10,638 SF
For Lease Contact for pricing
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Elgin Mills Centre

10720 Yonge Street, Mill Pond, Richmond Hill, ON
Property

Retail

43,406 SF
Availability

2 Spaces

9,633 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Richmond Hill commercial real estate market incorporates 245,561 square feet of office space across 6 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Richmond Hill commercial real estate market includes 316,551 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Richmond Hill market, there is a total of 108,054 square feet of industrial property.

The listing inventory in Richmond Hill incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Richmond Hill is represented by Office space, which accounts for 145,220 square feet of available listings. Industrial space available in Richmond Hill adds up to 108,054 square feet.

Meanwhile, most of the listings of commercial property for sale in Richmond Hill are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Richmond Hill is $17.79 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Richmond Hill can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Richmond Hill, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Richmond Hill is in the Beaver Creek Business Park neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Beaver Creek Business Park area.

Meanwhile, retail space opportunities are most abundant in the Mill Pond submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Headford Business Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $18 per square foot. In particular, the property type commanding the highest lease rates in Richmond Hill was Office space.

The average size of a commercial property in Richmond Hill depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Richmond Hill, the average size of an office property is 40,927 square feet.
Retail properties here incorporate an average of 79,138 square feet.
Industrial space in Richmond Hill is in buildings that are, on average 108,054 square feet in size.

Richmond Hill, ON Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Richmond Hill currently add up to 373,906 square feet. The market offers 5 active office listing(s), which amount to 145,220 square feet and account for 55% of commercial spaces on the market. Local retail availability includes 12,578 square feet across 3 retail space(s). Industrial space for rent opportunities in Richmond Hill amount to 216,108 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	5	145,220
Retail	3	12,578
Industrial	1	216,108

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Richmond Hill, ON. Currently, there is 2,930 square feet of commercial property for sale here , which includes 1 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	1	2,930

Richmond Hill, ON Commercial Real Estate for Lease and Sale

Richmond Hill

11611 Yonge St

9050 Yonge Street

330 Highway 7

10225 Yonge Street

35 Leek Crescent

100 York Boulevard

95 Mural Street

SmartCentres Richmond Hill

9301 Bathurst Street

670 Highway 7 #8

35 Fulton Way

Elgin Mills Centre

Frequently Asked Questions

Richmond Hill, ON Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Richmond Hill, ON Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Richmond Hill, ON?

What factors affect the price of commercial real estate in Richmond Hill, ON?

What is the average rent for commercial space in Richmond Hill, ON?

What are the best areas for commercial real estate in Richmond Hill, ON?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Richmond Hill, ON?

Richmond Hill, ON Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Popular Industrial Searches

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