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$5,600,000
Est. payment /mo
3,858 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,858 sqft
Price per Sqft $1,451
Subdivision West Cambie
MLS Listing ID C8067368
Year Built 1998
Annual Tax Amount $21,984
Tax Year 2024
Property Description
Exceptional Investment Opportunity: With a CAP rate over 5.5%, this prime corner unit in Richmond''s bustling strip mall offers unbeatable street exposure and easy access to No. 3 and Garden City Road . Situated in a rapidly expanding neighborhood with thousands of condo units and a projected population of 16,000 upon development completion, it''s just a 2-minute walk from the newly operational Capstan SkyTrain station. Perfect for a large restaurant, it boasts additional signage space and sees heavy foot traffic. Secure with leases until 2026 . Act fast-contact us today and please respect tenant privacy
Location
Province BC
Community West Cambie
Area Richmond
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Retail
Story 2
Water Municipal
Unit Floor 1161
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Listed by Unilife Realty Inc.