Retail for Sale — Richmond, BC
$15,000,000
8631 ALEXANDRA ROAD, Richmond, BC V6X1C3
Property details
Structured details
- Zoning
- CA
- Annual property tax
- $111,401.09 (2025)
- Lot dimensions
- 25724
- Utilities
- Natural Gas, Electricity
- Lot features
- Passenger elevator
Listing Information
- MLS®
- C8075567
- Listed
- January 27, 2026
- Time on market
- 230 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
This 7-year old free standing investment property sitting on a 0.59 Acre lot located at Alexandra Road and Garden City Road in downtown Richmond. A bustling street lined with eateries and heavy foot traffic, just across from Lansdowne Centre which is under redevelopment. Newer building easy to maintain with low maintenance cost. It is a stable and generational investment opportunity. (id:63159)
Financing calculator
Estimate your monthly payment on the $15,000,000 asking price.
Financing details
- Monthly debt service
- $145,593
- Cash required at close
- $3,025,000
- 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+)
- Bonpot · 8631 Alexandra Road4m
- bb.q Chicken · 8631 Alexandra Road13m
- Café Gloucester · 8631 Alexandra Road16m
- Tang Vietnamese Restaurant & Bar · 8611 Alexandra Road29m
- Cherry's Food House · 8580 Alexandra Road54m
Cafes (5+)
- Snowy Village · 8571 Alexandra Road66m
- 100E Fruit · 8531 Alexandra Road107m
- Chun Fun How · 4751 Garden City Road115m
- Pika Herb and Tea Co. · 8580 Alexandra Road126m
- Leisure Tea & Coffee271m
Grocery (5+)
- 88 Supermarket · 4591 Garden City Road180m
- Smart N Save · 4751 McClelland Road226m
- Darumaya · 4700 Alderbridge Way Multi-use Pathway436m
- China World Supermarket · 8777 Odlin Crescent467m
- Walmart Supercentre · 9251 Alderbridge Way484m
Shopping (5+)
- Marshalls · 4751 McClelland Road246m
- Lansdowne Centre515m
- Excel Centre · 8766 McKim Way532m
- Cosmo · 8788 McKim Way533m
- Admiralty Centre · 8700 McKim Way541m
Parks (5+)
- Alexandra Court Playground · 9366 Tomicki Avenue526m
- Unnamed583m
- Unnamed696m
- Garden City Lands · 5555 No. 4 Road772m
- Alexandra Neighbourhood Park · 9600 Odlin Road773m
Gyms (5+)
- Muscle Factory · 8631 Alexandra Road4m
- Van Fitness · 4751 Garden City Road144m
- Oxygen Yoga and Fitness · 4771 McClelland Road340m
- Yogamaze Wellness Studio643m
- Epic Racquet Sports Club769m
Pharmacies (5+)
- Simples Drugs479m
- Walmart Pharmacy · 9251 Alderbridge Way481m
- McKim Care Pharmacy558m
- Service Plus Pharmacy · 4380 Number 3 Road656m
- Pharmasave · 4151 Hazelbridge Way767m
Banks & ATMs (5+)
- TD · 4777 McClelland Road310m
- BMO365m
- RBC · 4791 McClelland Road401m
- CIBC · 9231 Alderbridge Way468m
- TD602m
Healthcare (5+)
- Imperial Medical Group · 4771 McClelland Road333m
- Profile Laser & SkinCare · 4777 McClelland Road338m
- Megafu Medical Clinic · 9251 Alderbridge Way487m
- VitalAire Healthcare590m
- Foot Innovation647m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Eastbound Alderbridge Way @ Kwantlen St | 158m | |
| Southbound Garden City Rd @ Leslie Rd | 178m | |
| Northbound Garden City Rd @ Alderbridge Way | 215m | |
| Southbound Garden City Rd @ Alderbridge Way | 275m | |
| Southbound Garden City Rd @ Odlin Rd | 360m | |
| Northbound Kwantlen St @ Lansdowne Rd | 429m |
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All in Richmond →Frequently asked questions
What is the asking price for this business?
The asking price is $15,000,000.
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.