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Retail Property For Sale at 5230 4000 NO. 3 ROAD in Richmond, British Columbia

New
4 Sale ID #224085
Updated 03 May 2024

Asking Price

$580,000

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

Best and most luxury office/retail space at Aberdeen Square! This exceptional unit offers unblocked panoramic views of the North Shore mountains, cityscape, and water. Meticulously renovated and decorated, it previously served as a customized jewelry showroom. For those seeking more space, an adjacent unit is also available, providing a total floor area of 1479 sq ft. Each unit includes a parking stall pass and enjoys 24-hour security and access to the on-site food court. Connected to Aberdeen SkyTrain station and the Aberdeen Shopping Center, only 2 units in the building has this exceptional view. Call for private viewing. (id:39198)

  • MLS® : #C8059071
  • Date Listed : 10 Apr 2024

Location

Province

British Columbia

City

Richmond

Address

5230 4000 No. 3 Road

Postal Code

V6X0J8

Location Highlights

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Listed by

Royal Pacific Realty Corp. British Columbia listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

586

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

$580,000

Asking Price

$580,000

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)

586

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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