1161 1163-8328 CAPSTAN WAY, Richmond

2025-03-11
 

Quick Summary

Location
1161 1163-8328 CAPSTAN WAY, Richmond, British Columbia V6X4B6
Price
$5,600,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
3858 sqft
Year of Construction:
1998

MLS®#C8067368

Property Description

Exceptional Investment Opportunity: With a CAP rate over 5.5%, this prime corner unit in Richmond's bustling strip mall offers unbeatable street exposure and easy access to No. 3 and Garden City Road . Situated in a rapidly expanding neighborhood with thousands of condo units and a projected population of 16,000 upon development completion, it's just a 2-minute walk from the newly operational Capstan SkyTrain station. Perfect for a large restaurant, it boasts additional signage space and sees heavy foot traffic. Secure with leases until 2026 . Act fast-contact us today and please respect tenant privacy (id:32467)

Property Features

Building

  • Amenities: Street Lighting
  • Fireplace: No
  • Interior Size: 3858 sqft

Features

  • Feature: Lane, Freight elevator

Land

  • Sewer: Storm sewer

Maintenance Fee

  • Maintenance Fee: 3265.62

Zoning

  • Description: CA

Information entered by Unilife Realty Inc.
Listing information last updated on: 2025-05-01 15:01:49


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

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Yes, and yes.


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