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4380 No. 3 Rd 308 - 758 SF Condo Units Offered at $248,000 - $688,000 CAD Per Unit in Richmond, BC V6X 2C2
Investment Highlights
- Located within the popular Parker Place II commercial center
- Floor-to-ceiling windows provide maximum visibility and natural light
- 12-foot ceiling height enhances openness and design flexibility
Executive Summary
The property is a 308 SF commercial unit within Parker Place II. It includes 12-foot ceilings and floor-to-ceiling windows. The unit is currently leased to a printing business on a month-to-month basis.
Property Facts
| Total Building Size | 123,321 SF | Typical Floor Size | 123,321 SF |
| Property Type | Retail | Year Built | 1992 |
| Property Subtype | Storefront | Lot Size | 7.72 AC |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| Floors | 1 | ||
| Zoning | CA - Commercial | ||
| Total Building Size | 123,321 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 123,321 SF |
| Year Built | 1992 |
| Lot Size | 7.72 AC |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | CA - Commercial |
Amenities
- Bus Line
- Food Court
- Pylon Sign
2 Units Available
Unit 1420
| Unit Size | 758 SF | Condo Use | Retail |
| Price | $688,000 CAD | Sale Type | Owner User |
| Price Per SF | $907.65 CAD | APN/Parcel ID | 017-862-736 |
| Unit Size | 758 SF |
| Price | $688,000 CAD |
| Price Per SF | $907.65 CAD |
| Condo Use | Retail |
| Sale Type | Owner User |
| APN/Parcel ID | 017-862-736 |
Description
Suite 1420 is a ground-floor retail unit located within Parker Place at 4380 No. 3 Road in Richmond, British Columbia. The unit measures approximately 758 square feet and is positioned at the front of the shopping center with direct exposure to No. 3 Road. It offers two points of access: one from the mall interior and another from No. 3 Road, which allows for extended operating hours.
Sale Notes
Suite 1420 offers a highly visible ground-floor retail space within Parker Place, one of Richmond’s busiest shopping destinations. This 758-square-foot unit is positioned at the front of the mall with direct exposure to No. 3 Road, ensuring strong visibility and easy customer access. The space features dual entry points, one from the mall interior and another from No. 3 Road, allowing for extended operating hours and convenient after-hours access.
Unit 1620
| Unit Size | 308 SF | Condo Use | Office/Retail |
| Price | $248,000 CAD | Sale Type | Investment |
| Price Per SF | $805.19 CAD |
| Unit Size | 308 SF |
| Price | $248,000 CAD |
| Price Per SF | $805.19 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment |
Description
A 308 SF commercial unit within Parker Place II. It includes 12-foot ceilings and floor-to-ceiling windows. The unit is currently leased to a printing business on a month-to-month basis. The tenant has been in business for over 20 years and has occupied the space for more than six years. The property generates $1,300 plus GST monthly, reflecting a 3.2% net ROI.
Sale Notes
Why pay rent when you can own a piece of the popular Parker Place II, no usage restrictions. 12 ‘ceiling. 308 sf with floor-to-ceiling windows allowing maximum exposure of your product or just renovating with walls for privacy. good printer-tenant for over 6 years (been in business for over 20 yrs) paying $1,300 + GST /m, on month-to-month basis. 3.2 % Net ROI.
Nearby Major Retailers
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4380 No. 3 Rd
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