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:58426)
| MLS® Number | C8068587 |
| Property Type | Vacant Land |
| Neigbourhood | Aberdeen Village |
| ConstructedDate | 1996 |
| Acreage | No |
| SizeIrregular | 31225 |
| SizeTotal | 31225 Sqft |
| SizeTotalText | 31225 Sqft |
| ZoningDescription | Cp1 |
https://www.realtor.ca/real-estate/28200509/8320-alexandra-road-richmond
Contact us for more information
Yo Yo Zhu
Personal Real Estate Corporation, Team ZM Real Estate Group
Michael Ma
Personal Real Estate Corporation, Team ZM Real Estate Group
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