604.542.2444

8320 Alexandra Road

West Cambie, Richmond

$13,500,000


Property Size: 31,209 sqft

Type: Land Commercial


About this Land Commercial in West Cambie, Richmond

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'X303') 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 220,000.00+ 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. CALL LISTING AGENTS FOR MORE DETAILS. DO NOT DISTURB TENANT!

Listed by LeHomes Realty First.

TypeLand Commercial
Size6,318 sqft
$/SQFT$2,136.75

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