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8181 Cambie Rd - President Plaza 8,404 SF Retail Condo Unit Offered at $6,280,000 CAD in Richmond, BC V6X 3X9
Investment Highlights
- Positioned in a high-traffic area with strong demand for dining
- Flexible layout allows for division into two separate restaurant spaces
Executive Summary
This prime location offers high visibility and convenient access to the Canada Line and bus stops, making it ideal for various businesses. The unit is highly versatile and can be used for office, education, showroom, medical, dental, lawyers, accountants, insurance offices, and more. President Plaza is a well-established commercial complex known for its professional atmosphere and attractive appearance, with a well-maintained complex that includes ample parking spaces, well-kept common areas, and a food court.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 018-553-141, 018-553-150 |
| Sale Type | Investment |
| APN/Parcel ID | 018-553-141, 018-553-150 |
Description
Units 2200, 2230, and 3315 at President Plaza represent a prime city-center investment opportunity, featuring a combined 8,400+ sq. ft. and a well-appointed 3,000 sq. ft. central kitchen, perfectly suited for restaurant ventures. The current tenant generates an annual net income of $210,000, with the lease expiring in 2027, creating the potential for fresh opportunities
Sale Notes
Units 2200, 2230, and 3315 at President Plaza represent a prime city-center investment opportunity, featuring a combined 8,400+ sq. ft. and a well-appointed 3,000 sq. ft. central kitchen, perfectly suited for restaurant ventures. The current tenant generates an annual net income of $210,000, with the lease expiring in 2027, creating the potential for fresh opportunities. What makes this property unique is its divisibility, allowing for the establishment of two separate restaurants, appealing to a variety of tastes and styles, thus maximizing earning potential. Strategically located with a versatile interior, it's an attractive choice for investors in the thriving food industry. These units provide an enticing space, a fully-equipped kitchen, and an annual rental income, presenting a promising investment prospect. Seize the opportunity to shape the next culinary hotspots and bring your entrepreneurial vision to life. Call or Touchbased Leon for more information and showings.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2200/2230/ | 8,404 SF | Retail | $6,280,000 CAD ($747.26 CAD/SF) | - |
Unit 2200/2230/
| Unit Size |
| 8,404 SF |
| Condo Use |
| Retail |
| Price |
| $6,280,000 CAD ($747.26 CAD/SF) |
| NOI |
| - |
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Unit 2200/2230/
| Unit Size | 8,404 SF |
| Condo Use | Retail |
| Price | $6,280,000 CAD ($747.26 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | 018-553-141, 018-553-150 |
| Description | |
| Units 2200, 2230, and 3315 at President Plaza represent a prime city-center investment opportunity, featuring a combined 8,400+ sq. ft. and a well-appointed 3,000 sq. ft. central kitchen, perfectly suited for restaurant ventures. The current tenant generates an annual net income of $210,000, with the lease expiring in 2027, creating the potential for fresh opportunities</li></ul> | |
| Sale Notes | |
| Units 2200, 2230, and 3315 at President Plaza represent a prime city-center investment opportunity, featuring a combined 8,400+ sq. ft. and a well-appointed 3,000 sq. ft. central kitchen, perfectly suited for restaurant ventures. The current tenant generates an annual net income of $210,000, with the lease expiring in 2027, creating the potential for fresh opportunities. What makes this property unique is its divisibility, allowing for the establishment of two separate restaurants, appealing to a variety of tastes and styles, thus maximizing earning potential. Strategically located with a versatile interior, it's an attractive choice for investors in the thriving food industry. These units provide an enticing space, a fully-equipped kitchen, and an annual rental income, presenting a promising investment prospect. Seize the opportunity to shape the next culinary hotspots and bring your entrepreneurial vision to life. Call or Touchbased Leon for more information and showings.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 183,042 SF | Typical Floor Size | 26,846 SF |
| Property Type | Retail (Condo) | Year Built | 1994 |
| Property Subtype | Storefront Retail/Office | Lot Size | 5.97 AC |
| Building Class | B | Parking Ratio | 1.26/1,000 SF |
| Floors | 6 | ||
| Zoning | ZC1 - Intended to provide opportunities for small scale convenience commercial uses serving the local neighborhoods. Includes Retail, Hotel, Commercial | ||
| Total Building Size | 183,042 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 26,846 SF |
| Year Built | 1994 |
| Lot Size | 5.97 AC |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | ZC1 - Intended to provide opportunities for small scale convenience commercial uses serving the local neighborhoods. Includes Retail, Hotel, Commercial |
Amenities
- 24 Hour Access
- Atrium
- Food Court
- Pylon Sign
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
- On-Site Security Staff
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Exceptionally bikeable
90/100
Nearby Major Retailers
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8181 Cambie Rd - President Plaza
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