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Benefits
Asking Price
$270,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
We are thrilled to present this remarkable opportunity perfectly situated next to the Aberdeen SkyTrain station. This matured commercial building is seamlessly connected to the prestigious Aberdeen Center, making it a true landmark in Richmond since 2014. Its prime location offers unparalleled convenience and accessibility, making it an ideal choice for your business. The property enjoys direct access to the Aberdeen Square, located on the same floor as the SkyTrain station. It offers unmatched ease of access for both customers and employees. The retail store is situated in the heart of Richmond, on the bustling commercial corridor of No.3 Road. Visitors arriving via the sleek Canada Line at Aberdeen Station have direct access to the property, both by vehicle and on foot, providing exceptional exposure and convenience. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
2025 4000 No. 3 Road
Postal Code
V6X0J8
Location Highlights
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Listed by
Pacific Evergreen Realty Ltd. British Columbia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
267
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$270,000
Asking Price
$270,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
267
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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