Commercial building with arched windows, prominent signage, and a paved brick entrance

$598,000

1510 - 4380 No 3 Road, Richmond, BC V6X 3V7

MLS® C8081987

Description

Rare Food Court Investment Opportunity in Richmond. A rare opportunity to own a 192 sq,ft. food court unit located in the popular Parker Place Food Court in Richmond. The property is currently leased to an excellent tenant operating a highly popular Chinese rice noodle concept. Featuring a strong 5.72% capitalization rate, high pedestrian traffic and ample on site parking, this property offers an attractive combination of stable tenancy and excellent location. A rare investment opportunity in one of Richmond's well established and popular food court destinations. Don't miss this opportunity!

Property

Property type

Commercial Sale

Style

Retail

Structure

Shopping Centre

Year built

1,992

Ownership

Freehold

Systems

Cooling

Central Air, Air Conditioning

Lot and parking

Parking

Guest

Strata and restrictions

Strata fee

$837 per month

Costs

Annual property tax

$3,005

Tax year

2,025

Location

Area

Richmond

Neighbourhood

West Cambie

Waterfront

No