Commercial Buildings for Sale in Richmond

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12111-12115 1st Avenue
Steveston Village Richmond V7E 3M1

$3,580,000
Commercial Sale

View of building exterior featuring uncovered parking
Photo 1: 12111-12115 1st Avenue in Richmond: Steveston Village Commercial Sale for sale : MLS®# C8067939
Photo 2: 12111-12115 1st Avenue in Richmond: Steveston Village Commercial Sale for sale : MLS®# C8067939
Photo 3: 12111-12115 1st Avenue in Richmond: Steveston Village Commercial Sale for sale : MLS®# C8067939
Photo 4: 12111-12115 1st Avenue in Richmond: Steveston Village Commercial Sale for sale : MLS®# C8067939
Photo 5: 12111-12115 1st Avenue in Richmond: Steveston Village Commercial Sale for sale : MLS®# C8067939
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8067939
Build. Type:
Condo Strata Complex
Discover a prime real estate opportunity in the vibrant heart of Steveston Village with this unique mixed-use property. Offering an impressive 5,396 sf of space on a 6600 sf lot, this two-story building features 2 retail units at street level & 4 residential condos above. Each residential suite boasts a comfortable 1 bdrm layout complete with in-suite laundry, a dishwasher & an individual h/water tank. Perfect for generating rental income all units are separately metered, enhancing ease of management. The property includes 11 convenient parking spots at the rear adding value for both shoppers and residents alike. Situated just steps from the scenic Fisherman's Wharf, local shops, & gourmet dinners, this location promises a lively & convenient lifestyle. Whether you're looking to generate rental income or envision a future development, this property presents a canvas for your ambitions in one of the most charming corners of Richmond. Step into a place where business meets community & profit meets pleasure.
Sale Type:
Asset
Property Type:
Commercial Sale
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Condo Strata Complex, Mixed Use, Street-Level Storefront
# Bldgs:
1
# Units Total:
2
# Other Units:
2
# of Apartments:
4
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
4
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
1982 (Age: 43)
Living Area:
5,396 sq. ft.
Subject Property Depth:
132'
Subject Property Width:
50'
Retail Size:
2,416 sq. ft.
Title to Land:
Strata
Lot Area:
6,534 sq. ft.
Zoning:
Potential to Redevelop:
OLDER BUILDING - PRIME AREA FOR REDEVELOPMENT, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Forced Air
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Street Lighting
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
002305186
Taxes:
$18,232.63 / 2024
Balconies, Laundry Facility, Storefront, Washrooms Female/Male
No
Building Security
2.5% 1ST $100,000 AND .75% ON THE BALANCE
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
OLDER BUILDING - PRIME AREA FOR REDEVELOPMENT, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 12111-12115 1st Avenue in Richmond: Steveston Village Commercial Sale for sale : MLS®# C8067939
    View of building exterior featuring uncovered parking
  • Photo 2: 12111-12115 1st Avenue in Richmond: Steveston Village Commercial Sale for sale : MLS®# C8067939
    View of property
  • Photo 3: 12111-12115 1st Avenue in Richmond: Steveston Village Commercial Sale for sale : MLS®# C8067939
    View of building exterior and parking stalls at the rear
  • Photo 4: 12111-12115 1st Avenue in Richmond: Steveston Village Commercial Sale for sale : MLS®# C8067939
    Map location
  • Photo 5: 12111-12115 1st Avenue in Richmond: Steveston Village Commercial Sale for sale : MLS®# C8067939
    Map location
Listed by TRG The Residential Group Downtown Realty
Data was last updated April 8, 2025 at 04:10 AM (UTC)