8320 Alexandra Road Richmond, British Columbia V6X 1C4

$14,880,000

Exceptional Investment Opportunity! Prime redevelopment/investment site located on Richmond's renowned "Food Street"just south of Alexandra Road, adjacent to the Sheraton Four Points Hotel. This rare 31,209 sqft lot (103' x 303') features a standalone building with approx. 5,262 sq ft of main floor space, a 1,056 sqft mezzanine office, and over 53 parking stalls. Currently tenanted by a well-established hotpot restaurant generating over $220,000 in annual net rental income. Lease expires April 2021 with a renewal option for another 5-year term at an increased rate. Flexible commercial zoning permits a wide range of uses including restaurant, retail, or service. (id:27293)

Property Details

MLS® Number C8068587
Property Type Vacant Land

Building

Constructed Date 1996

Land

Acreage No
Size Irregular 31225
Size Total 31225 Sqft
Size Total Text 31225 Sqft
Zoning Description Cp1

https://www.realtor.ca/real-estate/28200509/8320-alexandra-road-richmond

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