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1st Floor - Unit 2116
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Retail
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993 SF
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$1,045,120 USD
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Unit Size: 993 SF
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Condo Use: Retail
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Price: $1,045,120 USD
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Sale Type: Investment
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Price/SF: $1,052.49 USD
Description
993 sq. ft. retail strata unit Prime Cambie Road frontage with excellent exposure.Located in the popular Continental Shopping Centre
Strong tenant appeal and surrounding commercial activity. Ample customer parking. Easy access to YVR, transit, and major highways.
Sale Notes
*Showing by appointment only, do not disturb staff. * Rare opportunity to acquire a commercial strata unit in the heart of Richmond's West Cambie business district. Currently occupied by a well-known bubble tea shop, this property features a functional retail layout with customer seating. Facing Cambie Road, the unit enjoys excellent exposure within the popular Continental Shopping Centre. Ample on-site parking, strong surrounding commercial activity, and convenient access to major transportation routes and YVR make this an attractive investment or owner-user opportunity. Located within the Capstan Village Specific Land Use Plan area and designated T4 (Urban Centre - Transition), the property may offer future redevelopment potential in one of Richmond's fastest-growing, transit-oriented neighbourhoods. Buyers are advised to independently verify redevelopment potential, zoning, permitted uses, and development possibilities with the City of Richmond. Investment return of approximately 4.7% (excluding capital gains). Annual rent increases providing growing and secure income. Situated in a busy open-air plaza with high foot traffic. Potential future redevelopment opportunity within the Capstan Village area. Excellent long-term holding property with both income and appreciation potential Showing by Appointment Only: Respect our operations and schedule appointments for viewings. Contact the listing agent for further details and investment opportunities.
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Eric G. Yang PREC*
Eric G. Yang PREC
