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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!