1130 8181 CAMBIE ROAD, Richmond, BC V6X3X9
$900,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
91%
Lot Size
0.01889348025711662 ac
Prime commercial opportunity at President Plaza in Richmond's vibrant area!This 832 sq. ft. ground-floor unit features excellent street exposure, strong foot traffic, and a dedicated exterior entrance with 24-hour independent access. A permitted second-floor mezzanine provides additional usable space and greater flexibility to optimize the layout for business needs.ZC1 zoning provides for a variety of secondary commercial uses, including retail, office, personal and financial services, restaurants, and commercial education, subject to applicable zoning conditions, City approvals, and strata bylaws. An excellent opportunity for owner-occupiers or investors seeking a prominent storefront in an established commercial destination. (id:66811)
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Monthly debt service
$4K
Projected NOI
$50K
Annual cash flow
$95
Cash-on-cash
0.04%
DSCR
1.00
Going-in cap
5.55%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
41,021
Households
15,650
Median income
$75,000
Median age
42.1
Daytime population
48,587
5-yr growth
7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1130 8181 CAMBIE ROAD, Richmond.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.