Restaurants for Sale in British Columbia

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1060 8580 Alexandra Road
West Cambie Richmond V6X 2X9

$450,000
Business

Status:
Active
Prop. Type:
Business
MLS® Num:
C8078411
Bus Major:
Food & Beverage
Build. Type:
Low Rise (2-4 storeys)
Sale of business assets only of a fully equipped Chinese Hot Pot Restaurant on the popular Food Street of Richmond-Alexandra Road. 24 feet long exhaust hood, walk-in cooler, walk-in freezer, live seafood tank, 2 VIP rooms, and designated parking stalls. The total area is 4320 sq. ft., a new 5-year lease term plus a 5-year option to renew at a triple net rent of $35/SF only, plus property taxes and strata fee. The landlord spent over $150,000, in a brand new HVAC system for the restaurant space. Business is shut down and ready for possession.
Sale Type:
Asset
Lease Term:
60 Months
Sublease:
Yes
Ownership:
Strata
Property Type:
Business
Commercial Type:
Food & Beverage
Business Name:
Business Closed
Business Type:
Food & Beverage, Restaurant
Construction:
Concrete Block, Mixed
Building Type:
Low Rise (2-4 storeys)
Home Owners Association:
Yes
Living Area:
4,320 sq. ft.
Contiguous Spc:
4,320 sq. ft.
Retail Size:
4,320 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Varies by Unit, Air Conditioning
Electricity:
No
Parcel Number:
800186031
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$8,928.33
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Sutton Group-West Coast Realty
Data was last updated May 3, 2026 at 12:40 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.