Retail for Sale — Richmond, BC
$2,488,000
135 7488 LANSDOWNE ROAD, Richmond, BC V7C0B9
Property details
Structured details
- Zoning
- RCL3
- Annual property tax
- $29,273.91 (2025)
- Strata/association fee
- $1,392.48/monthly
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable
Listing Information
- MLS®
- C8079802
- Listed
- June 23, 2026
- Time on market
- 84 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Excellent location in growing core area. This unit is part of a twin high-rise development with ground level tenants such as Shopper's Drug Mart and TD Canada Trust. This unit is directly below a fitness facility so any related business idea such as health foods or fitness equipment could be very successful. It was recently operating as a restaurant, but related equipment has been removed. The owner may consider a real estate land trade or financing proposal. Call to discuss your ideas. (id:63159)
Financing calculator
Estimate your monthly payment on the $2,488,000 asking price.
Financing details
- Monthly debt service
- $24,149
- Cash required at close
- $522,600
- 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+)
- Sing Cafe Fusion Style · 7488 Lansdowne Road19m
- Dinesty Dumpling House · 5555 Gilbert Road59m
- JJang Korean BBQ and Social House · 5668 Hollybridge Way81m
- Freshii · 5668 Hollybridge Way89m
- Sushi Mura · 5508 Hollybridge Way126m
Cafes (5+)
- Penguin Bros. · 7488 Lansdowne Road41m
- Lattea · 5555 Gilbert Road41m
- Big Rock Café73m
- CoCo Fresh Tea & Juice · 6699 River Road224m
- Time Out Cafe424m
Grocery (1)
- Izumiya Japanese Marketplace · 7971 Alderbridge Way743m
Shopping (1)
- London Plaza705m
Parks (5+)
- Unnamed170m
- Unnamed364m
- Unnamed366m
- Oval Riverside Plaza503m
- Middle Arm Waterfront Greenway · 7411 River Road667m
Gyms (5+)
- Fitness World · 7468 Lansdowne Road55m
- Rumble Boxing Studio168m
- Atomic Jiujitsu192m
- Overdrive Athletic Club235m
- Burning Hormone Peachfit · 6888 River Road236m
Pharmacies (5+)
- Shoppers Drug Mart87m
- Oval Integrative Pharmacy328m
- Medicine Centre498m
- Minoru Pharmacy · 7380 Westminster Highway519m
- London Drugs · 5971 Number 3 Road727m
Banks & ATMs (5+)
- TD · 140-7488 Lansdowne Road1m
- BMO · 165-6971 Elmbridge Way150m
- Scotiabank · 6688 River Road217m
- National Bank · 5811 Number 3 Road680m
- Gulf & Fraser689m
Healthcare (5+)
- Richmond Community Health Access Centre127m
- WELL Health Medical Centre332m
- Unnamed338m
- Unnamed487m
- Dr Emilie N.M. Yeung494m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Northbound Gilbert Rd @ Elmbridge Way | 99m | |
| Westbound Elmbridge Way @ Gilbert Rd | 120m | |
| Southbound Gilbert Rd @ Elmbridge Way | 152m | |
| Westbound Elmbridge Way @ Alderbridge Way | 226m | |
| Eastbound Lansdowne Rd @ Cedarbridge Way | 237m | |
| Westbound Lansdowne Rd @ Cedarbridge Way | 337m |
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All in Richmond →Frequently asked questions
What is the asking price for this business?
The asking price is $2,488,000.
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.