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Retail Property For Sale at 2185 4000 NO. 3 ROAD in Richmond, British Columbia

4 Sale ID #141761
Updated 03 May 2024

Asking Price

$466,000

Cap Rate help 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

Lot Size

N/A

Building Size

N/A

Premise Summary

Excellent and central location in this mall. 332 SQFT corner unit retail located on main corridor of Aberdeen Square 2nd floor. The unit is in the best location of the mall. Next to the escalator with direct access to the Canada Line Station, parking lot, and Aberdeen Centre. The Unit is used as a pet supplies store. Best opportunity to own your storefront, an office or to lease out for investment. The Aberdeen Square is at the Corner of NO.3 Road and Cambie ST in the heart of Richmond with 10 minutes to Vancouver International Airport,20 minutes to downtown Vancouver. Video Link:https://drive.google.com/file/d/1nzWGn2hDhgrFDUSUE5WDcKSLGx_M9w3Q/view?usp=share_link (id:39198)

  • MLS® : #C8052780
  • Date Listed : 07 Jul 2023

Location

Province

British Columbia

City

Richmond

Address

2185 4000 No. 3 Road

Postal Code

V6X0J8

Location Highlights

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Listed by

Nu Stream Realty Inc. British Columbia listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

332

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$466,000

Asking Price

$466,000

Cap Rate help 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 help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

332

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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