$5,300,000
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0.81 Acres Lot
SOLD DATE : 12/20/2024
Key Details
Sold Price $5,300,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 978157
Year Built 1979
Annual Tax Amount $54,550
Tax Year 2024
Lot Size 0.810 Acres
Property Description
2680 Richmond street is a two storey medical office building of 12,260 SF being utilized primarily by the Vancouver Coastal Health Authority as an arthritis clinic. The building has been specifically adapted for the existing use and includes several unique features in comparison to more typical commercial service/office structures, including an interior pool and shower facilities. The building has been well maintained and significant renovations were completed in 2014 and 2023. The building benefits from having one hydrolic elevator, serviced by 800-amp power, and heating, cooling and ventilation is provided by an electrically powered heat pump unit, four (4) electrically powered air conditioner units and electric baseboard heaters. A unique investment opportunity with a strong covenant tenancy with the Vancouver Coastal Health Authority, occupying the building for more than 40 yeasrs, while also a potential owner-occupier opportunity with the landlord's option to terminate the lease.
Location
Province BC
County Capital Regional District
Area Vi Jubilee
Zoning R1-C
Exterior
Parking On Site 1
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Bought with Sotheby's International Realty Canada
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