For Sale Commercial Building

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For Sale Commercial Building Investment/Development Opportunity Key Corner Location on Primary Business Street

3560 Moncton Street, Richmond, BC 6,400 sq ft on 13,196 sq ft site Location

Features

3560 Moncton Street is centrally located in the core business area of Steveston Village at the south west corner of Moncton Street and 2nd Avenue. Bayview Street, at the waterfront, is just a block south of the property. Moncton Street, Steveston’s primary east-west street, serves both local residential and business needs as well as the many tourists who frequent Steveston. Downtown Richmond is just 10 minutes away.



Central Steveston Village location



Strong tourist/lifestyle community



Growing area population



65’ of frontage on Moncton Street



Ample surface parking

The natural boundaries of Steveston Village will ensure that 3560 Moncton will remain in the commercial centre as the Village is built out. Steve Schweigert [email protected] Direct Tel: 604 630 3376 Cellular: 604 442 6710

Tel: 604 684 7117

DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]

www.dtzvancouver.com

3560 Moncton Street, Richmond, BC 6,400 sq ft on 13,196 sq ft site Site

Possession

The L-shaped site comprises an area of approximately 13,196 square feet. The site is level with frontage of 65.96 feet to the south side of Moncton Street and frontage of 150 feet to the west side of 2nd Avenue. From the south side of the site on 2nd Avenue it extends west 131.88 feet to a north/south city lane. The frontage on the lane is 49.98 feet.

A short term lease back of 12—24 months, at a negotiated rent, will be considered by the current tenant, Steveston Marine & Hardware. Alternatively, vacant possession will be provided.

Building A one (1) storey building of brick construction is situated on the Moncton Street side of the property and has an area of 6,400 square feet. The Moncton frontage is approximately 64 feet by 100 feet along 2nd Avenue. It has a mezzanine area of approximately 2,500–3,000 square feet. The building was built in circa 1963. Ceiling height - 13 feet +/-. The balance of the property or approximately 6,000 square feet behind the building is a gravel surface parking lot with capacity for almost 16 spaces.

Zoning CS2 Steveston Commercial - Permitted uses include general retail, office, veterinary service, etc. and secondary uses include housing apartment, home business, boarding and lodging etc. The height limit is 2 stories and floor area ratio (F.A.R.) is 1.0, however the Steveston Area Plan of the OCP refers to a F.A.R. of 1.2, which may be achieved through rezoning.

Tel: 604 684 7117

Legal Description Parcel Identifier 001-067-915, Lot 25, Section 10 Block 3 North, Range 7 West, New Westminster District Plan 25758

Title Title will be cleared of mortgage financing on closing

Property Taxes (2014) $29,795.02

Price $4,495,000

$4,295,000.00

www.dtzvancouver.com

3560 Moncton Street, Richmond, BC 6,400 sq ft on 13,196 sq ft site

Steve Schweigert [email protected] Direct Tel: 604 630 3376 Cellular: 604 442 6710

DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]

Disclaimer Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Vancouver Real Estate Ltd. 08/2014.

Tel: 604 684 7117

www.dtzvancouver.com