8320 ALEXANDRA Road
West Cambie Richmond V6X 1C4

$15,000,000
Land Commercial

Main Photo: 8320 ALEXANDRA Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8030343
Photo 1: 8320 ALEXANDRA Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8030343
Photo 2: 8320 ALEXANDRA Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8030343
Photo 3: 8320 ALEXANDRA Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8030343
Photo 4: 8320 ALEXANDRA Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8030343
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Photo 6: 8320 ALEXANDRA Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8030343
Photo 7: 8320 ALEXANDRA Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8030343
Photo 8: 8320 ALEXANDRA Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8030343
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8030343
Build. Type:
See Realtor Remarks
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'X303') with a freestanding building. Leasing space is approx. 5,262 sq ft + 1,056 sq ft Mezz Office and 53+ parkings. Net rental income is 220,000.00+ per annum. Present tenant running Chinese hotpot restaurant with lease expiring April, 2021, possible to renew for another 5 years term with rent increase. Commercial zoning allows all kinds of restaurants, retail or service. CALL LISTING AGENTS FOR MORE DETAILS. DO NOT DISTURB TENANT!
Sale Type:
Asset
Property Type:
Land Commercial
Construction:
Mixed
Building Type:
See Realtor Remarks
Year built:
1996 (Age: 24)
Total Floor Area:
6,318 sq. ft.
Mezzanine Size:
1,056 sq. ft.
Other Size:
5,262 sq. ft.
Land Use/Zoning:
CPI
Taxes:
$93,518.7 / 2019
Services Connected:
Cable at Lot Line, Electricity at Lot Line, Natural Gas at Lot Line, Natural Gas, Paved Streets, Telephone, Sewer - Storm, Sidewalk, City Water at Lot Line
Water Supply:
Municipal
HVAC:
Central A/C
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Listed by LeHomes Realty First
Data was last updated February 22, 2020 at 04:00 AM (UTC)
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