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8011 LUCAS Road in Richmond: Garden City Multi-Family Commercial for sale in "Laddy Court" : MLS®# C8054833

8011 LUCAS Road Richmond V6Y 1G2 : Garden City

Main Photo: 8011 LUCAS Road in Richmond: Garden City Multi-Family Commercial for sale in "Laddy Court" : MLS®# C8054833
$12,000,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8054833
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Builders or Investors. 52,444 sqft holding property pending redevelopment of the site. Original owner. 1st time on the market. One of the most desirable locations in Richmond. Just east of No 3 Rd in the Broadmoor/Lucas area. The property known as Laddy Court consists of 5 Duplexes for a total of 10 units, well maintatined with upgrades over the years. All currently tenanted on month to month basis. Please do not enter the property without appointment and do not disturb tenants. Amazing opportunity for the right buyer.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Bldgs:
5
# Units:
10
# Other Units:
# of Appartments:
10
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
0
# of 2 Bedroom Appartments:
0
# of 3 Bedroom Appartments:
10
# Storeys:
2.0
Year built:
1957 (Age: 67)
Total Floor Area:
Switch units of measure1.2 acre(s)
Lot Area:
Switch units of measure1.2 acre(s)
Acres Freehold:
Switch units of measure1.2 acre(s)
Land Use/Zoning:
LAND USE
Permitted Use:
Multifamily (5+), Residential
Taxes:
$33,380.07 / 2023
Visitor Parking
Services Connected:
Cable, Electricity, Garbage Collection, Natural Gas, Telephone, Sewer - Storm
Water Supply:
Municipal
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:
Listed by Sutton Group-West Coast Realty and Macdonald Realty Westmar
Data was last updated May 1, 2024 at 10:10 PM (UTC)
RAYMOND LEUNG
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.