Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
- Year Built
- 1994
770 sqft
Lot
1994
Year Built
Property Snapshot
Key details for this listing
MLS #C8082330
Lot
Land, frontage and setting
- Lot
- 770 sqft - 770
Costs
Price, taxes and monthly charges
- List Price
- $800,000
About This Property
This retail in Richmond offers a 770 sqft lot. Built in 1994. The property has lot dimensions of 770.
MLS Remarks
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:60351)
Full Listing Details
Address1198 8181 CAMBIE ROAD
MLS#C8082330
Listing StatusActive
Property TypeCommercial
Sub-TypeRetail
TransactionSale
Days on Market30
Annual Tax$6,351 (2025)
StyleRetail
Year Built1994
Living Area770 sqft
CityRichmond
ProvinceBritish Columbia
Postal CodeV6X3X9
Lot Size770 sqft
Lot Dimensions770
Lot FeaturesPassenger elevator
Zoning DetailsZC1
UtilitiesElectricity
Annual Tax$6,351 (2025)
Lease Per UnitSquare feet
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