For Sale · Richmond · Business

$398,000

120 8631 ALEXANDRA ROAD, Richmond

2,026

Sq Ft

About This Home

The details.

An outstanding opportunity to acquire a fully equipped and beautifully maintained Hot Pot & BBQ restaurant located in the heart of Richmond Central. This spacious and modern establishment features 13 individual table-side ventilation systems, making it ideal for both hot pot or BBQ concepts. The restaurant is in like-new condition, with a bright, welcoming dining area, high-end interior finishes, and excellent street frontage for maximum visibility. A liquor license is already in place, and the property offers ample on-site parking, ensuring convenience for customers. *Showing by appointment only, do not disturb staff. * Please contact the listing agent for more information today! (id:66635)

Summarizing the highlights...

MLS® C8080269Listing courtesy of Grand Central RealtySee all units in this building View on map Street view

Property Details

Facts & features.

Property type: Business
Size: 2,026 sqft
MLS number: C8080269
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$1,861

$318,400 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$1,861

Cash flow

-$1,861

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Richmond right now

703

Active listings

741

New this week

$1,068,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Richmond.

Household and demographic stats for Richmond, from the Statistics Canada 2021 Census.

209,937
Population (2021): 43.6
Median age: 81,080
Households: 2.6
Avg household size: 71.3%
Home ownership: $79,000
Median household income

Richmond neighbourhood guide Full census profile Richmond market trends

Source: Statistics Canada 2021 Census, Richmond, City (CY).

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Pythagoras Academy
independent · elementary
320 m
Maple Leaf School - KPU
independent · secondary
510 m
City Vancouver Academy
independent · secondary
570 m
Tomsett Elementary
public · elementary
970 m
R. C. Talmey Elementary
public · elementary
1.3 km
Continuing Ed SD 38
public · secondary
2.0 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Similar Homes

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Rental Market

Renting nearby.

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.