MLS® C8081553

Retail for Sale — Richmond, BC

$1,668,000

120 6888 RIVER ROAD, Richmond, BC V7C0B5

89
Walk Score
73
Transit
86
Bike
Walk Score® by Redfin
For Sale
1,387 square feet
Floor area
2017
Year built
89
Walk Score
73
Transit
86
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
RCL3
Annual property tax
$14,300.97 (2025)
Strata/association fee
$595.88/monthly

Listing Information

MLS®
C8081553
Listed
August 26, 2026
Time on market
19 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

An exceptional opportunity to own a street-level commercial property in the vibrant Oval Village community. This approximately 2,262 sq. ft. retail space consists of Units #110 and #120, offered together, and includes 8 dedicated parking stalls plus ample visitor parking. The property is currently leased to an established long-term tenant, making it an attractive option for investors seeking a commercial asset with existing rental income. Ideally situated near the Olympic Oval, Steve Nash Fitness, banks, restaurants, and a variety of everyday amenities, with Richmond Centre and nearby hotels just minutes away. Positioned within a growing and well-established residential community with strong surrounding activity. Please contact the listing agent for more information. Please do not disturb the tenant or staff. (id:63159)

Financing calculator

Estimate your monthly payment on the $1,668,000 asking price.

Financing details
Monthly debt service
$16,190
Cash required at close
$358,600
DSCR
Cash-on-cash return (yr 1)

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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

English31.3%
Yue (Cantonese)21.5%
Mandarin21.1%
Tagalog (Pilipino, Filipino)3.7%
Punjabi (Panjabi)2.4%
Min Nan (Chaochow, Teochow, Fukien, Taiwanese)1.1%
Japanese1%
Spanish1%
Russian0.9%
Arabic0.7%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • SYU Japanese Cuisine & Sushi Bar · 6628 River Road90m
  • Just Poké · 6699 River Road113m
  • Sushi Mura · 5508 Hollybridge Way179m
  • Pho Capital · 5508 Hollybridge Way190m
  • Sing Cafe Fusion Style · 7488 Lansdowne Road208m

Cafes (5+)

  • Big Rock Café143m
  • CoCo Fresh Tea & Juice · 6699 River Road151m
  • Penguin Bros. · 7488 Lansdowne Road210m
  • Lattea · 5555 Gilbert Road253m
  • Time Out Cafe433m

Grocery (3)

  • Izumiya Japanese Marketplace · 7971 Alderbridge Way635m
  • Real Canadian Superstore · 4651 Number 3 Road730m
  • Big Crazy Supermarket · 4551 Number 3 Road761m

Shopping (1)

  • Superstore Plaza · 4651 Number 3 Road713m

Parks (5+)

  • Unnamed213m
  • Unnamed256m
  • Unnamed297m
  • Oval Riverside Plaza452m
  • Middle Arm Waterfront Greenway · 7411 River Road462m

Gyms (5+)

  • Burning Hormone Peachfit · 6888 River Road34m
  • Atomic Jiujitsu182m
  • Fitness World · 7468 Lansdowne Road212m
  • F45 Training351m
  • Grupo Axé Capoeira · 6111 River Road359m

Pharmacies (4)

  • Shoppers Drug Mart295m
  • Oval Integrative Pharmacy310m
  • Minoru Pharmacy · 7380 Westminster Highway702m
  • Medicine Centre707m

Banks & ATMs (5+)

  • Scotiabank · 6688 River Road2m
  • TD · 140-7488 Lansdowne Road216m
  • BMO · 165-6971 Elmbridge Way296m
  • National Bank707m
  • National Bank · 5811 Number 3 Road761m

Healthcare (5+)

  • Richmond Community Health Access Centre189m
  • WELL Health Medical Centre310m
  • Unnamed550m
  • Richmond Center Medical + Cosmetic Clinic · 7788 Ackroyd Road682m
  • Dr Emilie N.M. Yeung683m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Eastbound Lansdowne Rd @ Cedarbridge Way312m
Westbound Elmbridge Way @ Gilbert Rd312m
Northbound Gilbert Rd @ Elmbridge Way314m
Southbound Gilbert Rd @ Elmbridge Way359m
Westbound Lansdowne Rd @ Cedarbridge Way387m
Westbound River Rd @ Hollybridge Way393m

Other commercial property types for sale in Richmond

Frequently asked questions

What is the asking price for this business?

The asking price is $1,668,000.

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 15, 2026.