For Sale · Retail

1130 8181 CAMBIE ROAD, Richmond

1130 8181 CAMBIE ROAD, Richmond, BC V6X3X9

$900,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

91%

Lot Size

0.01889348025711662 ac

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$900K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 1130 8181 CAMBIE ROAD, Richmond.

NDA required
  • 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.