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$4,188,000
Est. payment /mo
7,231 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,231 sqft
Price per Sqft $579
MLS® Listing ID C8062762
Condo Fees $937/mo
Originating Board Greater Vancouver REALTORS®
Year Built 1992
Property Description
RICHMOND INVESTMENT OPPORTUNITY. 3% CAP RATE. Stable tenant paying market rent until Nov. 2026 with a 5-year renewal option. High-quality attractive corner unit with upper and lower glazing along the south and east elevations & joined to the adjacent strata unit. Total useable space is 7,231 SF. Executive grade improvements in the mezzanine (2,629 SF) spanning above the Office/Showroom (2,629 SF) Separated into 2 Office/Showrooms. High ceiling warehouse (1,895 SF) with 2 grade-level loading bays & overhead doors. Demising walls could be restored to return space into 2 individual strata units. The property is located in a well-maintained Industrial Business Park with storefront exposure to the street. Easy access to major transportation routes and traffic hubs connecting to Vancouver International Airport, BC Ferries, adjacent to Number 6 Rd between Westminster Highway & Cambie Rd, the East/West Connector, Highway 99, Knight Street and Oak Street Bridges. DO NOT DISTURB TENANTS. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by Century 21 Prudential Estates (Rmd) Ltd.
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Muhamed Awada
Real Estate Agent | License ID: 4726552
Real Estate Agent License ID: 4726552