Business For Sale · Retail

112 4751 GARDEN CITY ROAD, Richmond

112 4751 GARDEN CITY ROAD, Richmond, BC V6X3M7

$428,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

98%

About this property

99 seat full commercial Kitchen Restaruant with liquor licence till mid night in the heart of Richmond. Walkin cooler, Huge parking lot. *Showing by appointment only, do not disturb staff. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$428K
Down payment30% · $128K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$23K

Annual cash flow

$-338

Cash-on-cash

-0.26%

DSCR

0.99

Going-in cap

5.46%

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

112,766

Households

48,769

Median income

$92,000

Median age

42.8

Daytime population

151,153

5-yr growth

4.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 112 4751 GARDEN CITY 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.