Chat

Get in touch - Side Form

Forgot password Extend Verify Contact
Status:
Active
Prop. Type:
Office, Retail
MLS® Num:
C8071802
Build. Type:
Condo Strata Complex
Prime investment opportunity at Two River Park Place in Richmond's Oval Village. Built in 2020, this 1,202 sqft street-level commercial unit features wide window frontage and a modern open layout. Professionally improved from shell condition and currently tenanted at $5,490 +GST/month, offering immediate rental income and attractive return. RCL3 zoning permits a broad mix of retail, office, and service uses, ensuring long-term versatility. Surrounded by high-density residential towers, shops, and amenities that drive consistent foot traffic. A rare chance to secure a newer, fully tenanted commercial property with stable cash flow and excellent future growth potential in one of Richmond's fastest developing areas.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Other
Property Type:
Office, Retail
Commercial Type:
Retail
Construction:
Concrete
Building Type:
Condo Strata Complex, High-Rise (5+ storeys), Mixed Use
Home Owners Association:
Yes
Year built:
2020 (Age: 5)
Living Area:
1,202 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
031057586
Taxes:
$7,406.06 / 2024
No
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$1,034.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Magsen Realty Inc.
Data was last updated August 29, 2025 at 08:40 PM (UTC)