Status:
Active
Prop. Type:
Retail
MLS® Num:
C8067368
Build. Type:
Strip Mall
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
Sale Type:
Asset
Building Type:
Strip Mall
# Storeys:
2.0
Year built:
1998 (Age: 27)
Total Floor Area:
3,858 sq. ft.
Retail Size:
3,858 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
CA
Permitted Use:
Retail
Taxes:
$21,984.72 / 2024
Alarm System, Cooler(s), Elevator Freight, Emergency Lighting, Freezer(s), Washrooms Female/Male
Services Connected:
Electricity, Fully Serviced, Garbage Collection, Lane Paved, Natural Gas, Paved Streets, Telephone, Sewer - Storm, Street Lighting, Sidewalk
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Original Price:
$5,600,000
Listed by Unilife Realty Inc.
Data was last updated March 15, 2025 at 11:10 PM (UTC)
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