Restaurant Space for Sale in Richmond

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1161 1163-8328 Capstan Way
West Cambie Richmond V6X 4B6

$5,600,000
Commercial Sale

Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8067368
Build. Type:
Strip Mall
Exceptional Investment Opportunity: With a CAP rate over 5.5%, this prime corner unit in Richmond's bustling strip mall offers unbeatable street exposure and easy access to No. 3 and Garden City Road . Situated in a rapidly expanding neighborhood with thousands of condo units and a projected population of 16,000 upon development completion, it's just a 2-minute walk from the newly operational Capstan SkyTrain station. Perfect for a large restaurant, it boasts additional signage space and sees heavy foot traffic. Secure with leases until 2026 . Act fast-contact us today and please respect tenant privacy
Sale Type:
Asset
Property Type:
Commercial Sale
Commercial Type:
Retail
Num Storeys:
2
Building Type:
Strip Mall
Year built:
1998 (Age: 27)
Living Area:
3,858 sq. ft.
Retail Size:
3,858 sq. ft.
Title to Land:
Strata
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
024337838
Taxes:
$21,984.72 / 2024
Elevator Freight, Emergency Lighting, Washrooms Female/Male
No
Cooler, Freezer
Security System
1.5% + $10000
Water Supply:
Public
Water Rights:
No
Roof:
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Unilife Realty Inc.
Data was last updated April 8, 2025 at 04:10 AM (UTC)
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