$13,500,000
6318 sqft
Area
1996
Built in
RARE OPPORTUNITY! Premium investment/development site with substantial holding income in the famous hotel/ restaurant street in Richmond. Located at south of Alexandra Road right next to Sheraton Four Pointe Hotel. 31,209 sq ft lot (103'303') with a freestanding building. Leasing space is approx. 5,262 sq ft + 1,056 sq ft Mezz Office and 53+ parkings. Net rental income is 200,000.00+ per annum. Present tenant running Chinese hotpot restaurant with lease expiring April, 2021, possible to renew for another 5 years term with rent increase. Commercial zoning allows all kinds of restaurants, retail or service. (id:21083) Back
MLS #: C8033963
Courtesy of RE/MAX Crest Realty
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Additional Images

Details

Property Type

Vacant Land

Built in

1996
Building

Floor Space

6318 sqft