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1060 8580 Alexandra Road
West Cambie Richmond V6X 2X9

$299,000
Business

Spacious dining area featuring multiple table configurations with built-in grills
Photo 1: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
Photo 2: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
Photo 3: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
Photo 4: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
Photo 5: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
Photo 6: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
Photo 7: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
Photo 8: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
Photo 9: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
Status:
Active
Prop. Type:
Business
MLS® Num:
C8078411
Bus Major:
Food & Beverage
Build. Type:
Low Rise (2-4 storeys)
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.
Sale Type:
Asset
Lease Term:
60 Months
Sublease:
Yes
Ownership:
Strata
Property Type:
Business
Commercial Type:
Food & Beverage
Business Name:
Business Closed
Business Type:
Food & Beverage, Restaurant
Construction:
Concrete Block, Mixed
Building Type:
Low Rise (2-4 storeys)
Home Owners Association:
Yes
Living Area:
4,320 sq. ft.
Contiguous Spc:
4,320 sq. ft.
Retail Size:
4,320 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Varies by Unit, Air Conditioning
Electricity:
No
Parcel Number:
800186031
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$8,928.33
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
    Spacious dining area featuring multiple table configurations with built-in grills
  • Photo 2: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
    Spacious dining area featuring a large round table with an integrated cooktop, a dark blue textured ceiling, and copper-toned ventilation hoods
  • Photo 3: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
    Dual white panel commercial cold storage units featuring diamond plate kick plates, heavy-duty hinges, and secure latches
  • Photo 4: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
    Stainless steel commercial kitchen area featuring three built-in wok burners, an integrated exhaust hood system, and wall-mounted water spigots
  • Photo 5: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
    Commercial kitchen featuring stainless steel appliances and surfaces
  • Photo 6: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
    Round dining table with integrated cooking surface, surrounded by chairs featuring black frames and light-colored upholstery
  • Photo 7: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
    Contemporary bar area featuring a textured black counter, slatted paneling, integrated shelving, and recessed lighting
  • Photo 8: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
    Spacious dining area featuring copper-toned ventilation hoods, recessed lighting, and a dark blue ceiling
  • Photo 9: 1060 8580 Alexandra Road in Richmond: West Cambie Business for sale : MLS®# C8078411
    Commercial storefront featuring extensive window displays and a recessed entrance
Listed by Sutton Group-West Coast Realty
Data was last updated June 24, 2026 at 09:40 AM (UTC)
MICHAEL LIU PREC* - WEST RIM GROUP
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