WAYNE W. KINNA

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Property Photo: 1-5 9371 NO. 5 RD in RICHMOND
I have listed a new property at 1-5 9371 NO. 5 RD in RICHMOND.
5 Strata units including long term tenants: Doctor, Chinese Take-Out, Hair Salon (2 units) and 99 MART, next door to Liquor Store and Kingswood Pub, both recently after a fire. Ironwood in Richmond is a fast growing area with hundreds of new units coming on the market. A solid investment showing a 6% cap rate!
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Property Photo: 9371 NO 5 RD in RICHMOND
I have listed a new property at 9371 NO 5 RD in RICHMOND.
99 MART is a well established convenience store next door to a liquor store and the Kingswood Pub! There is plenty of space to expand into other opportunities like a sandwich and coffee bar or deli in addition to the current products sold. It has a walk in freezer, plenty of coolers and a "deli" cooler with counter top next to the cash register. The store was grossing in excess of $400,000 before the pub burned down and with it reopening this year the numbers are rising again and expected to exceed that number. The Ironwood area of Richmond is forever expanding with new developments with hundreds of new units going up at No. 5 & Steveston Hwy and the pub and liquor store are a big attraction for the area. Opportunity is restricted only by your imagination! The Real Estate business occupies which includes 4 other units with long tern tenants including a physician, Kong's Kitchen and a Hair Salon are also for sale with a 6% cap rate!
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Property Photo: 1 3051 SPRINGFIELD DR in Richmond
Please visit our Open House at 1 3051 SPRINGFIELD DR in Richmond.
Open House on Sunday, June 12, 2011 2:00 pm - 4:00 pm
Completely renovated inside and out in 2008 and in pristine condition with 3 large bedrooms upstairs, walk-thru ensuite bath off the master bedroom, west facing living & dining room with sliding glass doors to a fenced private patio/yard area with green space to the south of this end unit, bright white kitchen with cabinets galore and a powder room off the foyer. SPRINGFIELD is one of the most sought after townhouse developments in North Steveston - walk to the village, the dykes, schools and Community Centers, a must see! Measurements are approx. so verify if important.
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