9371 No. 5 Rd
3,062 SF Retail Condo Unit Offered at $2,326,746 USD in Richmond, BC V7A 4E1
![9371 No. 5 Rd, Richmond, BC for sale - Building Photo - Image 1 of 5](https://images1.loopnet.com/i2/qNupduB0f-ExDcQDMKxKfcQ1O8wR0Xm1o40cvXski5M/110/9371-No-5-Rd-Richmond-BC-Building-Photo-1-Large.jpg)
![9371 No. 5 Rd, Richmond, BC for sale - Building Photo - Image 2 of 5](https://images1.loopnet.com/i2/rTwE_lL8Cw54sTi3Vm3RKmUdiq15erfnoSbXrWND42A/110/9371-No-5-Rd-Richmond-BC-Building-Photo-2-Large.jpg)
![9371 No. 5 Rd, Richmond, BC for sale - Building Photo - Image 3 of 5](https://images1.loopnet.com/i2/E5HFSvcgQt4WCtiM1n58pu_XJr_0fkYdszlxE9oy830/110/9371-No-5-Rd-Richmond-BC-Building-Photo-3-Large.jpg)
PROPERTY FACTS
Price | $2,326,746 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 | $2,326,746 USD |
Price Per SF | $759.88 USD |
Condo Use | Retail |
Sale Type | Investment |
Cap Rate | 3.71% |
NOI | $86,371.62 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
![Anytime Fitness Anytime Fitness](https://images1.loopnet.com/i2/t3RNkWYXc5vmPmd1J90Q5tui2LR1yrLWIdo-4j_02AE/105/image.jpg)
![Starbucks Starbucks](https://images1.loopnet.com/i2/V11gp9X1QvF-sYuRU43vwjphTt976BD4p9n50Z1aR1w/105/image.png)
![freshii freshii](https://images1.loopnet.com/i2/h4Rrb4haMYzAelJCpQ16iL-D0FoBlqyypFKAXj-53uI/105/image.png)
![Boston Pizza Boston Pizza](https://images1.loopnet.com/i2/xCmi__OXYLjVHZSbsuwDkxmslR6vOnQK4Qgbmfu5OFY/105/image.png)
![F45 Training, Inc. F45 Training, Inc.](https://images1.loopnet.com/i2/gzG617Y1703dvANgQ7iDbaybhpcKjeQD8STbNqg4mjg/105/image.png)
![The Keg Steakhouse + Bar The Keg Steakhouse + Bar](https://images1.loopnet.com/i2/6XEjFX6E02t-BYG2zKnl1UbHdOXbSESLkGkQy3oivbc/105/image.png)
![CIBC CIBC](https://images1.loopnet.com/i2/TSAa_iBK--b_VvHliKle_f_7KtuR65jV60-Mez6peGY/105/image.png)
![Five Guys Five Guys](https://images1.loopnet.com/i2/Y9RrMpyiDvH3P2892r5AaMPUtLqrrmlxAoeN90TMEl0/105/image.png)
![Save-On-Foods Save-On-Foods](https://images1.loopnet.com/i2/Lf0LFKTGlg8X0YuQteBNhoxPSpVCaojkxc1ehoJkj5c/105/image.png)
![Scotiabank Scotiabank](https://images1.loopnet.com/i2/rdZMe1TXQ7lNhRfGIuBHAVCOkrvG4N8KfmwAyInT9FU/105/image.png)
ZONING
Zoning Code | CP-2 |