Rental Apartment

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12115 1ST Avenue
Steveston Village Richmond V7E 3M1

$3,580,000
Multi-Family Commercial

View of building exterior featuring uncovered parking
Photo 1: 12115 1ST Avenue in Richmond: Steveston Village Multi-Family Commercial for sale : MLS®# C8067939
Photo 2: 12115 1ST Avenue in Richmond: Steveston Village Multi-Family Commercial for sale : MLS®# C8067939
Photo 3: 12115 1ST Avenue in Richmond: Steveston Village Multi-Family Commercial for sale : MLS®# C8067939
Photo 4: 12115 1ST Avenue in Richmond: Steveston Village Multi-Family Commercial for sale : MLS®# C8067939
Photo 5: 12115 1ST Avenue in Richmond: Steveston Village Multi-Family Commercial for sale : MLS®# C8067939
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8067939
Build. Type:
Condo Strata Complex
Discover a prime real estate opportunity in the vibrant heart of Steveston Village with this unique mixed-use property. Offering an impressive 5,396 sf of space on a 6600 sf lot, this two-story building features 2 retail units at street level & 4 residential condos above. Each residential suite boasts a comfortable 1 bdrm layout complete with in-suite laundry, a dishwasher & an individual h/water tank. Perfect for generating rental income all units are separately metered, enhancing ease of management. The property includes 11 convenient parking spots at the rear adding value for both shoppers and residents alike. Situated just steps from the scenic Fisherman's Wharf, local shops, & gourmet dinners, this location promises a lively & convenient lifestyle. Whether you're looking to generate rental income or envision a future development, this property presents a canvas for your ambitions in one of the most charming corners of Richmond. Step into a place where business meets community & profit meets pleasure.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Condo Strata Complex, Mixed Use, Street-Level Storefront
Name of Complex/Subdivision:
# Bldgs:
1
# Units:
2
# Other Units:
# of Apartments:
4
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
4
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
# Storeys:
2.0
Year built:
1982 (Age: 43)
Total Floor Area:
5,396 sq. ft.
Retail Size:
2,416 sq. ft.
Lot Area:
6,600 sq. ft.
Lot Depth:
132
Lot Frontage:
50'
Land Use/Zoning:
CS3
Permitted Use:
Mixed Use
Taxes:
$18,232.63 / 2024
Balconies, Laundry Facility, Secured Building, Storefront, Washrooms Female/Male
Services Connected:
Cable, Electricity, Fully Serviced, Garbage Collection, Lane Paved, Natural Gas, Telephone, Sewer - Storm, Street Lighting
Water Supply:
Municipal
HVAC:
Baseboard, Forced Air
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 12115 1ST Avenue in Richmond: Steveston Village Multi-Family Commercial for sale : MLS®# C8067939
    View of building exterior featuring uncovered parking
  • Photo 2: 12115 1ST Avenue in Richmond: Steveston Village Multi-Family Commercial for sale : MLS®# C8067939
    View of property
  • Photo 3: 12115 1ST Avenue in Richmond: Steveston Village Multi-Family Commercial for sale : MLS®# C8067939
    View of building exterior and parking stalls at the rear
  • Photo 4: 12115 1ST Avenue in Richmond: Steveston Village Multi-Family Commercial for sale : MLS®# C8067939
    Map location
  • Photo 5: 12115 1ST Avenue in Richmond: Steveston Village Multi-Family Commercial for sale : MLS®# C8067939
    Map location
Listed by TRG The Residential Group Downtown Realty
Data was last updated April 1, 2025 at 07:10 AM (UTC)
CHARLES ZHOU PERSONAL REAL ESTATE CORPORATION
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