12220 2nd Avenue, Richmond, British Columbia V7E 3L8

Listed for:
$3,300,000
0 beds
0 baths
Listed 26 days ago
12220 2nd Avenue, Richmond, British Columbia V7E 3L8

View all 5 photos

About

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:27476)

Property Highlights

MLS® Number
C8076789
Type
Retail
Land Size
6590 sqft

Building

Square Footage
5737 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Royal LePage Sussex
MLS® number:
C8076789
Agent:
Aleksandra Magee
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).