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8320 ALEXANDRA Road
West Cambie Richmond V6X 1C4

$13,500,000
Industrial, Land Commercial

Main Photo: 8320 ALEXANDRA Road in Richmond: West Cambie Industrial for sale : MLS®# C8033963
Photo 1: 8320 ALEXANDRA Road in Richmond: West Cambie Industrial for sale : MLS®# C8033963
Photo 2: 8320 ALEXANDRA Road in Richmond: West Cambie Industrial for sale : MLS®# C8033963
Photo 3: 8320 ALEXANDRA Road in Richmond: West Cambie Industrial for sale : MLS®# C8033963
Status:
Active
Prop. Type:
Industrial, Land Commercial
MLS® Num:
C8033963
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+ parkings. Net rental income is 200,000.00+ 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.
Sale Type:
Asset
Total space avail for lease:
6,318 sq. ft.
Property Type:
Industrial, Land Commercial
Construction:
Mixed
Building Type:
Condo Strata Complex, Commercial Mix, Residential Mix
Year built:
1996 (Age: 24)
Total Floor Area:
6,318 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
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:
  • Photo 1: 8320 ALEXANDRA Road in Richmond: West Cambie Industrial for sale : MLS®# C8033963
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  • Photo 2: 8320 ALEXANDRA Road in Richmond: West Cambie Industrial for sale : MLS®# C8033963
    Photo 2 of 3
  • Photo 3: 8320 ALEXANDRA Road in Richmond: West Cambie Industrial for sale : MLS®# C8033963
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Listed by RE/MAX Crest Realty
Data was last updated September 26, 2020 at 04:00 AM (UTC)
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