$14,880,000
Est. payment /mo
New
8320 ALEXANDRA ROAD Richmond, BC V6X 1C4
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision West Cambie
MLS Listing ID C8068587
Year Built 1996
Annual Tax Amount $101,632
Tax Year 2024
Property Description
Exceptional Investment Opportunity! Prime redevelopment/investment site located on Richmond's renowned “Food Street” just south of Alexandra Road, adjacent to the Sheraton Four Points Hotel. This rare 31,209 sqft lot (103'' x 303'') features a standalone building with approx. 5,262 sq ft of main floor space, a 1,056 sqft mezzanine office, and over 53 parking stalls. Currently tenanted by a well-established hotpot restaurant generating over $220,000 in annual net rental income. Lease expires April 2021 with a renewal option for another 5-year term at an increased rate. Flexible commercial zoning permits a wide range of uses including restaurant, retail, or service.
Location
Province BC
Community West Cambie
Area Richmond
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Land Commercial
Water See Realtor Remarks
Listed by RE/MAX Crest Realty
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