12220 2ND AVENUE, Richmond

2026-03-06
 

Quick Summary

Location
12220 2ND AVENUE, Richmond, British Columbia V7E3L8
Price
$3,300,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
5737 sqft
Video Link:

MLS®#C8076789

Property Description

Freestanding Multi-Tenant Commercial Building. Total building is approx. 5,737 sf situated on a 6,590 sf lot. Zoned CS2. The property permits a wide range of uses, including, but not limited to, retail, grocery, daycare, learning institute, office, warehouse, light industrial ... etc. Located in the heart of Steveston Village, an opportunity for both investors & owner-users. The centrally located building benefits from excellent exposure, convenient access, and ample street parking in one of Richmond's most vibrant and walkable neighborhoods. The property has 4 leasing units (2 up and 2 down), offering a mix of month-to-month and short-term leases, with certain tenancies secured until October 2026. This flexible lease structure allows an owner-user to occupy all or part of the building, or provides an investor the ability to reposition the asset and renew leases at market rates. Potential market Lease Rate for entire building is approx. $180k per annum plus Additional Rent. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 5737 sqft

Land

  • Land Size: 6590 sqft

Zoning

  • Description: CS2

Information entered by Royal LePage Sussex
Listing information last updated on: 2026-03-06 19:01:05


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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. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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