1355 8260 WESTMINSTER HIGHWAY
Richmond, British Columbia
MLS® C8078449
$399,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C8078449
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1994
Listing description
Property for Sale! Net rent income 2000/month! A rare opportunity to achieve a 6% return on investment!
Located on the ground floor of Richmond Public Market, currently operating a frozen beef and lamb business. The corner location offers more display space and significant growth potential. The seller, Frozen meat business, Guaranteed leaseback with a guaranteed more than 5 year lease (negotiable) with high gross net rent $2000 + GST (Tenant pay Property fees).
Rental returns around 6% are higher than typical apartments, allowing you to start collecting stable rent immediately. Please contact agent with private viewing agent. Showing by appointment only.
Do not disturb staff.
Property summary
- MLS® number
- C8078449
- Property type
- Retail
- Square footage
- 359 sq ft
- Built in
- 1994
- Annual property taxes
- $2,130.00
- Days on market
- 117 days
Features & details
- Strata fee
- $600 / Monthly
What would this home cost you?
Based on the $399,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of LeHomes Realty Premier, Vancouver.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.