$8,999,000

12240 2nd Avenue, Richmond, BC V7E 3L8

MLS® C8078894

Description

Presenting a unique opportunity to acquire a fully tenanted retail investment property at 12240 Second Avenue, Richmond. The Property comprises nine retail totaling approximately 7,060 SF on 7,095 SF of land. This offering provides stable in-place cash flow supported by a diverse tenant mix in one of Richmond’s most sought-after waterfront neighbourhoods. The Property’s prominent corner location along Steveston’s primary retail corridor, directly across from the Fisherman’s Wharf, enhances tenant demand. This opportunity is ideal for investors seeking a retail holding with potential for income growth over time. For further information on Net Operating Income (NOI), please contact agents.

Property

Property type

Commercial Sale

Style

Retail

Ownership

Freehold

Lot and parking

Lot size

6,969.6 sq ft

Costs

Annual property tax

$63,458

Tax year

2,025

Location

Area

Richmond

Neighbourhood

Steveston Village

Waterfront

No