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8181 Cambie Rd

8,404 SF Retail Condo Unit Offered at $4,373,594 USD in Richmond, BC V6X 3X9

INVESTMENT HIGHLIGHTS

  • Prime location with high visibility
  • Ample parking spaces
  • Convenient access to the Canada Line and bus stops

EXECUTIVE SUMMARY

This prime location offers high visibility and convenient access to the Canada Line and bus stops, making it ideal for various businesses. The unit is highly versatile and can be used for office, education, showroom, medical, dental, lawyers, accountants, insurance offices, and more. President Plaza is a well-established commercial complex known for its professional atmosphere and attractive appearance, with a well-maintained complex that includes ample parking spaces, well-kept common areas, and a food court.

PROPERTY FACTS

Price $4,373,594 USD
Unit Size 8,404 SF
No. Units 1
Total Building Size 183,042 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Office
Sale Type Investment
Building Class C
Floors 6
Typical Floor Size 26,846 SF
Year Built 1994
Lot Size 5.97 AC
Parking Ratio 3.07/1,000 SF

1 UNIT AVAILABLE

Unit 2200/2230/

Unit Size 8,404 SF
Price $4,373,594 USD
Price Per SF $520.42 USD
Condo Use Retail
Sale Type Investment
SALE NOTES

Units 2200, 2230, and 3315 at President Plaza represent a prime city-center investment opportunity, featuring a combined 8,400+ sq. ft. and a well-appointed 3,000 sq. ft. central kitchen, perfectly suited for restaurant ventures. The current tenant generates an annual net income of $210,000, with the lease expiring in 2027, creating the potential for fresh opportunities. What makes this property unique is its divisibility, allowing for the establishment of two separate restaurants, appealing to a variety of tastes and styles, thus maximizing earning potential. Strategically located with a versatile interior, it's an attractive choice for investors in the thriving food industry. These units provide an enticing space, a fully-equipped kitchen, and an annual rental income, presenting a promising investment prospect. Seize the opportunity to shape the next culinary hotspots and bring your entrepreneurial vision to life. Call or Touchbased Leon for more imformation and showings.

Walk Score®
Very Walkable (77)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Tim Hortons
Giordano
Bbq Chicken
Anytime Fitness
RBC Royal Bank
Bmo Bank Of Montreal
Scotiabank
Starbucks
T&T Supermarket
TD Canada Trust

ZONING

Zoning Code ZC1 (Intended to provide opportunities for small scale convenience commercial uses serving the local neighbourhoods. Includes Retail, Hotel, Commercial)
ZC1 (Intended to provide opportunities for small scale convenience commercial uses serving the local neighbourhoods. Includes Retail, Hotel, Commercial)
  • Listing ID: 29044103

  • Date on Market: 11/29/2023

  • Last Updated:

  • Address: 8181 Cambie Rd, Richmond, BC V6X 3X9

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