8320 ALEXANDRA Road in Richmond: West Cambie Industrial for sale : MLS®# C8033963
8320 ALEXANDRA Road
Richmond
V6X 1C4
:
West Cambie
- $13,500,000
- Prop. Type:
- Industrial, Land Commercial
- MLS® Num:
- C8033963
- Status:
- Active
- Build. Type:
- Condo Strata Complex
RARE OPPORTUNITY! Premium investment/development site with substantial holding income in the famous hotel/ restaurant street in Richmond. Located at south of Alexandra Road right next to Sheraton Four Pointe Hotel. 31,209 sq ft lot (103'303') with a freestanding building. Leasing space is approx. 5,262 sq ft + 1,056 sq ft Mezz Office and 53+ parking spaces. Net rental income is 200,000.00+ per annum. Present tenant running Chinese hotpot restaurant with lease expiring April 2021, with a possibility to renew for another 5 years term with rent increase. Commercial zoning allows all kinds of restaurants, retail or service.
Data was last updated March 5, 2021 at 07:10 PM (UTC)