8320 Alexandra Road Richmond, British Columbia V6X 1C4
$14,880,000
Exceptional Investment Opportunity! Prime redevelopment/investment site located on Richmond's renowned "Food Street"just south of Alexandra Road, adjacent to the Sheraton Four Points Hotel. This rare 31,209 sqft lot (103' x 303') features a standalone building with approx. 5,262 sq ft of main floor space, a 1,056 sqft mezzanine office, and over 53 parking stalls. Currently tenanted by a well-established hotpot restaurant generating over $220,000 in annual net rental income. Lease expires April 2021 with a renewal option for another 5-year term at an increased rate. Flexible commercial zoning permits a wide range of uses including restaurant, retail, or service. (id:60504)
Property Details
| MLS® Number | C8068587 |
| Property Type | Vacant Land |
| Neigbourhood | Aberdeen Village |
Building
| Constructed Date | 1996 |
Land
| Acreage | No |
| Size Irregular | 31225 |
| Size Total | 31225 Sqft |
| Size Total Text | 31225 Sqft |
| Zoning Description | Cp1 |
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April 23 2025 01:58:08
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