For Sale 5431 – 5551 MINORU BOULEVARD Richmond, BC Exclusive opportunity to acquire a 1.18-acre development site with strong holding income, in Richmond City Centre’s Lansdowne Village Bal Atwal*, Principal Ryan Kerr*, Principal Bill Elliott, Executive Vice President 604.647.5090 604.647.5094 604.647.5062
[email protected] [email protected] [email protected] *Bal Atwal Personal Real Estate Corporation *Ryan Kerr Personal Real Estate Corporation Mehdi Shokri, Principal Garth White*, Principal, SIOR 604.647.1355 604.757.4960
[email protected] [email protected] *Garth White Personal Real Estate Corporation 5431 – 5551 Minoru Boulevard Richmond, BC Property Overview PID City of Richmond 001-766-091 Lansdowne Canada Line Station. 6 minute walk from Subject Property Bylaw 10020 SITE SIZE Key Features SpecificOCP Map Land Use Map: Lansdowne Village (2031) 2019/05/21 51,342 sf (1.179 acres) Excellent exposure on Minoru Boulevard Dinsmore LAND USE DESIGNATION Bridge Urban Centre T5 (25 M) Convenient access to Lansdowne Canada Line SkyTrain Station ALLOWABLE DENSITY Middle Arm Fraser River NO. 3 RD 2.0 FSR (102,684 sf) Close to a host of amenities along No. 3 Road ALDERBRIDGE WAY Dinsmore Subject BUILDING SIZE Strong holding income in place Bridge Property 3 2 4 Warehouse: 30,070 sf Mezzanine: 4,319 sf Well-suited for wood-frame residential 5 Middle Arm Fraser River development NO. 3 RD Total: 34,389 sf GARDEN CITY RD ALDERBRIDGE WAY 3 2P NET OPERATING INCOME 4 $454,981.13 Opportunity 5 GARDEN CITY RD 2020 PROPERTY TAXES Avison Young is pleased to present the opportunity to P $103,476.70 purchase a freestanding, multi-tenant industrial building located on the west side of Minoru Boulevard, GILBERT RD between Lansdowne Road & Alderbridge Way, in Richmond ENVIRONMENTAL City Centre’s Lansdowne Village neighborhood.