9371 No. 5 Rd

3,062 SF Retail Condo Unit Offered at $2,326,746 USD in Richmond, BC V7A 4E1

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
Starbucks
freshii
Boston Pizza
F45 Training, Inc.
The Keg Steakhouse + Bar
CIBC
Five Guys
Save-On-Foods
Scotiabank

ZONING

Zoning Code CP-2
  • Listing ID: 33776459

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 9371 No. 5 Rd, Richmond, BC V7A 4E1