West Cambie · Richmond · BC
1198 - 8181 Cambie Road
Retail · For sale
Asking
$800,000
MLS® C8082330
- Built
- 1994
The property
Prime Retail Investment Opportunity in West Cambie, Richmond. Located in the busy President Plaza in West Cambie, Richmond, this rare retail investment opportunity features a spacious 770 sqft premise with excellent visibility and strong commercial exposure. The property was originally designed with a circular layout and was renovated into a more functional square-shaped space based on the previous owner's preference, allowing for more efficient use of the premises for their intended purpose. The actual physical space is larger than the area currently being utilized. The property is occupied by a long-term established tenant, generating a capitalization rate of 5.7% and offering an attractive combination of stable tenancy and investment potential. The premises may be suitable for a variety of commercial uses, providing flexibility for future owners and investors. A rare opportunity to acquire a well-located retail property with an established tenant and attractive income potential. Don't miss.
Facts & features
Costs
- Gross taxes (2025)
- $6,351
- Strata maintenance
- $671 / month
The property
- Title
- Freehold
- Zoning
- ZC1
- Cooling
- Central Air, Air Conditioning
Listed by Sutton Group-West Coast Realty
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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.
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