Retail for Sale — Richmond, BC
$1,580,000
130 12420 NO. 1 ROAD, Richmond, BC V7E6N2
Property details
Structured details
- Zoning
- CS3
- Annual property tax
- $6,406.99 (2025)
- Lot dimensions
- 865
Listing Information
- MLS®
- C8081464
- Listed
- August 24, 2026
- Time on market
- 21 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Rarely Available Commercial Property in the Heart of Steveston Village A rare opportunity to own a well-located commercial property in the heart of Steveston Village, prominently situated at the busy intersection of No. 1 Road and Moncton Street. This high-traffic location offers excellent accessibility and strong exposure, with convenient proximity to Steveston Community Park, Steveston Harbour, Steveston Community Centre, and a wide range of shops, restaurants, and community amenities. The property presents an attractive investment opportunity with favorable rental income potential. The surrounding area is also experiencing ongoing residential growth, with numerous new homes and developments nearby, supporting the property's long-term investment potential. Whether held as an income-generating investment or utilized for your own business, this property offers excellent location, strong community appeal, and promising future potential (id:63159)
Financing calculator
Estimate your monthly payment on the $1,580,000 asking price.
Financing details
- Monthly debt service
- $15,336
- Cash required at close
- $341,000
- 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
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- The Chef's Playground Eatery · 12420 Number 1 Road17m
- Something Sweet · 12420 Number 1 Road17m
- Oretachi Curry · 12420 Number 1 Road19m
- John's Pan Pizza · 12420 Number 1 Road29m
- Breakfast Table · 12480 Number 1 Road59m
Cafes (5+)
- Rocanini Coffee Roasters · 3900 Moncton Street54m
- Starbucks · 4011 Bayview Street80m
- Blenz Coffee147m
- Waves Coffee House168m
- Village Books & Coffee House · 12031 1st Avenue208m
Grocery (3)
- Koji Mini Mart · 12240 2nd Avenue239m
- Super Grocer · 3651 Moncton Street246m
- Save-On-Foods · 12088 3rd Avenue369m
Parks (5+)
- Steveston Town Square Park180m
- Steveston Community Park304m
- Unnamed560m
- McMath Neighbourhood School Park · 4251 Garry Street677m
- Lord Byng Neighbourhood School Park · 3711 Georgia Street700m
Gyms (1)
- True Conditioning163m
Pharmacies (4)
- Pharmasave · 105 - 12420 Number 1 Road37m
- Medicine Shoppe · 3993 Chatham Street208m
- Steveston Pharmacy · 3811 Chatham Street266m
- Save-On-Foods Pharmacy · 12088 3rd Avenue324m
Banks & ATMs (3)
- RBC Royal Bank · 3740 Moncton Street161m
- Coast Capital Savings164m
- Scotiabank · 12088 3rd Avenue354m
Healthcare (2)
- Empower Physiotherapy Clinic · Chatham Street235m
- Steveston Medical · 3811 Chatham Street280m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Eastbound Moncton St @ No. 1 Rd | 54m | |
| Northbound No. 1 Rd @ Moncton St | 95m | |
| Westbound Moncton St @ Easthope Ave | 97m | |
| Northbound No. 1 Rd @ Chatham St | 235m | |
| Southbound No. 1 Rd @ Broadway St | 256m | |
| Eastbound Moncton St @ 4300 Block | 265m |
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All in Richmond →Frequently asked questions
What is the asking price for this business?
The asking price is $1,580,000.
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.