MLS® C8081339

Retail for Sale — Richmond, BC

$450,000

1245 4380 NO.3 ROAD, Richmond, BC V6X3V7

40
Walk Score
14
Transit
53
Bike
Walk Score® by Redfin
For Sale
509 square feet
Floor area
509 square feet
Lot size
40
Walk Score
14
Transit
53
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
CA
Annual property tax
$0 (2025)
Lot dimensions
509
Strata/association fee
$747/monthly
Utilities
Electricity

Listing Information

MLS®
C8081339
Listed
August 18, 2026
Time on market
27 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Parker Place located in central Richmond within walking distance to Canada Line Skytrain station with plenty of free parking for customers. Here's a golden opportunity to own a great investment retail space with a stable tenant running a reputable business. Excellent exposure near the food court on the ground floor, tastefully updated and maintained with fully equipped security system. A spacious office and a storage room tucked in the back of the store. Well established healthcare related business with return of estimated 7%. Please do not disturb tenant. Showing with minimum 24 hours notice only. (id:63159)

Financing calculator

Estimate your monthly payment on the $450,000 asking price.

Financing details
Monthly debt service
$4,368
Cash required at close
$115,000
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 (1)

  • Rivers Restaurant · 42239 Yarrow Central Road695m

Parks (1)

  • Yarrow Pioneer Park · 4380 Kehler Street776m

Banks & ATMs (1)

  • Envision Financial Services633m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for sale in Richmond

Frequently asked questions

What is the asking price for this business?

The asking price is $450,000.

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.