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8320 ALEXANDRA Road in Richmond: West Cambie Industrial for sale : MLS®# C8033963

8320 ALEXANDRA Road Richmond V6X 1C4 : West Cambie

Main Photo: 8320 ALEXANDRA Road in Richmond: West Cambie Industrial for sale : MLS®# C8033963
$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.
Sale Type:
Asset
Total space avail for lease:
Switch units of measure6,318 sq. ft.
Property Type:
Industrial, Land Commercial
Construction:
Mixed
Building Type:
Condo Strata Complex, Commercial Mix, Residential Mix
Year built:
1996 (Age: 25)
Total Floor Area:
Switch units of measure6,318 sq. ft.
Land Use/Zoning:
CP1
Taxes:
$84,931.31 / 2020
Other
Services Connected:
See Remarks
Water Supply:
Municipal
HVAC:
Electric
Env Assmt Phase:
None
Original Price:
$13,500,000
Data was last updated March 5, 2021 at 07:10 PM (UTC)
LILY GAN
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.