$800,000

1198 8181 CAMBIE ROAD

Richmond, British Columbia V6X3X9

For sale
770 sqft

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:58554)

Overview

Property TypeRetail
TransactionFor sale
MLSยฎC8082330

Building

Interior Size770 sqft
Year Built1994

Fees

Maintenance Fee671.00

Features & Amenities

FeaturesPassenger elevator
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Listing Agent

Frank Chen

Frank Chen

Personal Real Estate Corporation

๐Ÿ“ž (778) 996-9988

๐ŸŒ http://www.frankchenrealtor.com/

Brokerage

Sutton Group-West Coast Realty

#102 - 403 North Road

Coquitlam, British Columbia V3K3V9

๐Ÿ“ž (604) 415-9800

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