MLS® C8077478

Business for Sale — Richmond, BC

$1,299,000

12004 NO. 1 ROAD, Richmond, BC V7E1T4

95
Walk Score
50
Transit
90
Bike
Walk Score® by Redfin
For Sale
Service
Type
939 square feet
Floor area
2,314 square feet
Lot size
1920
Year built
95
Walk Score
50
Transit
90
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
RS1/E
Annual property tax
$8,820.08 (2025)
Lot dimensions
2314
Utilities
Water, Sewer, Electricity
Sewer
Storm sewer
Lot features
Disabled Access

Listing Information

MLS®
C8077478
Listed
March 31, 2026
Time on market
167 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

The original site of the historic Steveston Telephone Exchange. Fully renovated in 2026, the property features updated rooms with newly added ensuite full bathrooms and brand-new windows and kitchen, blending character with modern comfort. Flexible use allows for either residential living, commercial, or hold for land assembly opportunities. Schedule a private viewing and bring your vision to this truly unique offering. (id:63159)

Financing calculator

Estimate your monthly payment on the $1,299,000 asking price.

Financing details
Monthly debt service
$12,608
Cash required at close
$284,800
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

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+)

  • Damien's Belgian Waffles · 3891 Chatham Street82m
  • Kuroki Kaiseki Omakase Kitchen · 3880 Chatham Street94m
  • Steveston Seafood House121m
  • Best Bite Indian Cuisine · 3891 Chatham Street122m
  • John's Pan Pizza · 12420 Number 1 Road144m

Cafes (5+)

  • Rocanini Coffee Roasters · 3900 Moncton Street138m
  • Village Books & Coffee House · 12031 1st Avenue150m
  • Starbucks · 4011 Bayview Street248m
  • Waves Coffee House277m
  • Blenz Coffee292m

Grocery (3)

  • Super Grocer · 3651 Moncton Street223m
  • Koji Mini Mart · 12240 2nd Avenue312m
  • Save-On-Foods · 12088 3rd Avenue344m

Parks (5+)

  • Steveston Town Square Park184m
  • Steveston Community Park236m
  • McMath Neighbourhood School Park · 4251 Garry Street514m
  • Lord Byng Neighbourhood School Park · 3711 Georgia Street535m
  • Unnamed666m

Gyms (1)

  • True Conditioning73m

Pharmacies (4)

  • Medicine Shoppe · 3993 Chatham Street57m
  • Pharmasave · 105 - 12420 Number 1 Road133m
  • Steveston Pharmacy · 3811 Chatham Street164m
  • Save-On-Foods Pharmacy · 12088 3rd Avenue330m

Banks & ATMs (3)

  • Coast Capital Savings59m
  • RBC Royal Bank · 3740 Moncton Street200m
  • Scotiabank · 12088 3rd Avenue358m

Healthcare (2)

  • Steveston Medical · 3811 Chatham Street171m
  • Empower Physiotherapy Clinic · Chatham Street172m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Northbound No. 1 Rd @ Chatham St68m
Northbound No. 1 Rd @ Moncton St77m
Southbound No. 1 Rd @ Broadway St90m
Eastbound Moncton St @ No. 1 Rd135m
Westbound Moncton St @ Easthope Ave143m
Steveston Exchange @ Bay 2198m

Frequently asked questions

What is the asking price for this business?

The asking price is $1,299,000.

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.