1198 8181 Cambie Road Richmond, British Columbia V6X 3X9

770 sqft

$800,000

Maintenance,

$671 Monthly

Prime Retail Investment Opportunity in West Cambie, Richmond. Located in the busy President Plaza in West Cambie, Richmond, this rare retail investment opportunity features a spacious 770 sqft premise with excellent visibility and strong commercial exposure. The property was originally designed with a circular layout and was renovated into a more functional square-shaped space based on the previous owner's preference, allowing for more efficient use of the premises for their intended purpose. The actual physical space is larger than the area currently being utilized. The property is occupied by a long-term established tenant, generating a capitalization rate of 5.7% and offering an attractive combination of stable tenancy and investment potential. The premises may be suitable for a variety of commercial uses, providing flexibility for future owners and investors. A rare opportunity to acquire a well-located retail property with an established tenant and attractive income potential. Don't miss. (id:49203)

Property Details

MLS® Number C8082330
Property Type Retail
Features Passenger Elevator

Building

Constructed Date 1994
Size Interior 770 Sqft

Land

Acreage No
Zoning Description Zc1

Utilities

Electricity Available

https://www.realtor.ca/real-estate/30329777/1198-8181-cambie-road-richmond

Contact Us

Contact us for more information

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Frank Chen
Personal Real Estate Corporation

(778) 996-9988
www.frankchenrealtor.com/

Sutton Group-West Coast Realty
#102 - 403 North Road
Coquitlam, British Columbia V3K 3V9

(604) 415-9800
(604) 415-9988
www.suttonwestcoast.com/

Dekker Team
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