9371 No. 5 Rd 3,062 SF Retail Condo Unit Offered at $2,295,173 USD in Richmond, BC V7A 4E1
PROPERTY FACTS
| Price | $2,295,173 USD |
| Unit Size | 3,062 SF |
| No. Units | 1 |
| Total Building Size | 3,062 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Freestanding |
| Sale Type | Investment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 3,062 SF |
| Year Built | 2010 |
| Parking Ratio | 6.21/1,000 SF |
1 UNIT AVAILABLE
Unit 10
| Unit Size | 3,062 SF |
| Price | $2,295,173 USD |
| Price Per SF | $749.57 USD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 3.71% |
| NOI | $85,199.61 USD |
DESCRIPTION
The subject strata lot is zoned “CP2” (Current use is liquor store and restaurant) and designated “Commercial” in the
City of Richmond OCP. Currently the Property is occupied by two long term tenants in good standing. Good investment with stable income.
Excellent location with being close to various commercial establishments and transportation routes, like the area south of Steveston Highway is an important employment centre including Ironwood Plaza and Riverside Business Park, anchored by Save-OnFoods, London Drugs, Richmond Public Library, BC Liquor Store and Canadian Tire.
SALE NOTES
The subject strata lot is zoned “CP2” (Current use is liquor store and restaurant) and designated “Commercial” in the
City of Richmond OCP. Currently the Property is occupied by two long term tenants in good standing. Good investment with stable income.
Excellent location with being close to various commercial establishments and transportation routes, like the area south of Steveston Highway is an important employment centre including Ironwood Plaza and Riverside Business Park, anchored by Save-On Foods, London Drugs, Richmond Public Library, BC Liquor Store and Canadian Tire.
NEARBY MAJOR RETAILERS
ZONING
| Zoning Code | CP-2 |
