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Business

1060 8580 ALEXANDRA ROAD, Richmond

$299,000

MLS® Number

C8078411

Listed by:
Sutton Group-West Coast Realty

1060 8580 ALEXANDRA ROAD, Richmond, BC V6X2X9

Bedrooms

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. The information is deemed reliable but not guaranteed.

Data last updated: Tuesday, June 9, 2026 at 5:15 p.m.

Listing Brokerage: Sutton Group-West Coast Realty

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Listed at

$299,000

About This Property

Sale of business assets only of a fully equipped Chinese Hot Pot Restaurant on the popular Food Street of Richmond-Alexandra Road. 24 feet long exhaust hood, walk-in cooler, walk-in freezer, live seafood tank, 2 VIP rooms, and designated parking stalls. The total area is 4320 sq. ft., a new 5-year lease term plus a 5-year option to renew at a triple net rent of $35/SF ($12,600/month) only, plus property taxes and strata fee ($8,928/month). The landlord spent over $150,000, in a brand new HVAC system for the restaurant space. The business is not in operation and is ready for possession. (id:65271)

Listed at

$299,000

MLS® C8078411

Bedrooms0

Bathrooms0

Sqft4,320

Strata Fee$8928.33/mo

Last UpdatedJun 9, 2026

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Alex Mackenzie

Royal LePage Sussex

604-356-7554

Mortgage Intelligence

Adjustable Estimate

Market Value

$299,000

Capital Contribution

10%

$29,900

CMHC Insurance of $8,342 added to principal.

Interest Rate

Amortization

Estimated Monthly

$1,596

Principal

Interest

Alex's Insight

"At 4.84%, focus on the 25yr term to maximize early equity growth."

* Estimates only. Subject to credit approval and insurance rules.

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1060 8580 ALEXANDRA ROAD, Richmond

About This Property

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