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4380 No. 3 Rd 308 SF Office/Retail Condo Unit Offered at $248,000 CAD 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 (Condo) | 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 (Condo) |
| 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
1 Unit Available
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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