Retail for Sale — Richmond, BC
$688,000
1168 8700 MCKIM WAY, Richmond, BC V6X4A5
Property details
Structured details
- Zoning
- Z12
- Annual property tax
- $2,839.52 (2025)
- Lot dimensions
- 470
- Strata/association fee
- $854.58/monthly
- Utilities
- Sewer, Electricity, Cable, Telephone
- Lot features
- Lane, Passenger elevator
Listing Information
- MLS®
- C8081480
- Listed
- August 25, 2026
- Time on market
- 20 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Well-located commercial unit in Admiralty Centre. The property is being sold as two legal strata lots, Units 1163 and 1168 (Strata Lots 33 & 34). The City of Richmond has approved the units to be combined as one space, or they can potentially be used separately as two units of approximately 238 sq. ft. and 232 sq. ft., respectively. Situated on the ground floor next to the entrance, the property offers excellent visibility and convenient access, making it suitable for a variety of business uses, The space is currently operating as a travel agency and presents a good opportunity for an owner-user or investor.Please do not disturb the staff. Showings by appointment only. (id:63159)
Financing calculator
Estimate your monthly payment on the $688,000 asking price.
Financing details
- Monthly debt service
- $6,678
- Cash required at close
- $162,600
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Richmond)
- Population
- 209,937(+5.9% since 2016)
- Population density
- 1,629.1/km²
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 36.8%
- Postsecondary below bachelor's
- 22.6%
- High school diploma
- 28.7%
- No certificate/diploma
- 11.9%
Population aged 15 and over.
Commute
- Car, truck or van
- 79.0%
- Public transit
- 13.1%
- Walked
- 5.0%
- Bicycle
- 1.2%
- Other
- 1.7%
Commute duration
- Under 15 min
- 24.5%
- 15–29 min
- 38.1%
- 30–44 min
- 24.1%
- 45–59 min
- 7.5%
- 60+ min
- 5.9%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Mountain Top Beef House · 8888 Odlin Crescent20m
- Pacific Plaza Food Court54m
- Sushi Hachi · 8888 Odlin Crescent98m
- Kowloon Delight Restaurant · 8788 McKim Way100m
- Kitcho Izakaya112m
Cafes (5+)
- Bubble Queen · 8888 Odlin Crescent55m
- Origin Delight Cafe · 8888 Odlin Crescent59m
- Berry Good66m
- CoCo Fresh Tea & Juice · 3779 Sexsmith Road241m
- Snackshot298m
Grocery (5+)
- China World Supermarket · 8777 Odlin Crescent149m
- New Hong Kong Supermarket · 3779 Sexsmith Road359m
- 2000 Supermarket · 8388 Capstan Way447m
- 88 Supermarket · 4591 Garden City Road448m
- H Mart563m
Shopping (5+)
- Admiralty Centre · 8700 McKim Way35m
- Pacific Plaza · 8888 Odlin Crescent58m
- Excel Centre · 8766 McKim Way67m
- Cosmo · 8788 McKim Way108m
- Aberdeen Centre · 4151 Hazelbridge Way518m
Parks (5+)
- Aberdeen Neighbourhood Park · 8331 Cambie Road444m
- Alexandra Court Playground · 9366 Tomicki Avenue631m
- Ketcheson Neighbourhood Park · 3233 Ketcheson Road650m
- Unnamed690m
- Unnamed700m
Gyms (4)
- Anytime Fitness570m
- Muscle Factory · 8631 Alexandra Road578m
- Van Fitness · 4751 Garden City Road656m
- Oxygen Yoga and Fitness · 4771 McClelland Road682m
Pharmacies (5+)
- McKim Care Pharmacy35m
- Pharmasave · 4151 Hazelbridge Way486m
- Park Pacific Pharmacy571m
- Service Plus Pharmacy · 4380 Number 3 Road612m
- Walmart Pharmacy · 9251 Alderbridge Way787m
Banks & ATMs (5+)
- TD232m
- RBC Royal Bank · 4151 Hazelbridge Way562m
- BMO668m
- Instacoin ATM691m
- TD · 4777 McClelland Road717m
Healthcare (5+)
- Richmond Laser Skin Care & Wellness Centre · 3779 Sexsmith Road265m
- Mermaid Beauty & Skin Care275m
- Hennessy Laser & Skin Care291m
- Affinity Medical Clinic292m
- Continental Medical Clinic360m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Eastbound Cambie Rd @ Odlin Cres | 105m | |
| Southbound Garden City Rd @ Cambie Rd | 130m | |
| Westbound Cambie Rd @ Sexsmith Rd | 203m | |
| Westbound Cambie Rd @ Garden City Rd | 215m | |
| Eastbound Cambie Rd @ Garden City Rd | 223m | |
| Northbound Garden City Rd @ Cambie Rd | 224m |
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All in Richmond →Frequently asked questions
What is the asking price for this business?
The asking price is $688,000.
Where is this business located?
This listing is located in Richmond, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.