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9371 No. 5 Rd 3,062 SF Retail Condo Unit Offered at $3,300,000 CAD in Richmond, BC V7A 4E1
INVESTMENT HIGHLIGHTS
- convenient access to key transportation routes
PROPERTY FACTS
| Total Building Size | 3,062 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 3,062 SF |
| Property Subtype | Freestanding | Year Built | 2010 |
| Building Class | B | Parking Ratio | 6.21/1,000 SF |
| Zoning | CP-2 | ||
| Total Building Size | 3,062 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Freestanding |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 3,062 SF |
| Year Built | 2010 |
| Parking Ratio | 6.21/1,000 SF |
| Zoning | CP-2 |
1 UNIT AVAILABLE
Unit 10
| Unit Size | 3,062 SF | Sale Type | Investment |
| Price | $3,300,000 CAD | Cap Rate | 3.71% |
| Price Per SF | $1,077.73 CAD | NOI | $122,500 CAD |
| Condo Use | Retail |
| Unit Size | 3,062 SF |
| Price | $3,300,000 CAD |
| Price Per SF | $1,077.73 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 3.71% |
| NOI | $122,500 CAD |
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
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9371 No. 5 Rd
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