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$85,000
For Sale

#100 8240 Lansdowne Road, Richmond, BC

0
beds
-
baths
877
sqft

#100 8240 Lansdowne Road, Richmond, BC

Richmond | Brighouse - C8068241

Est.: $327/mo

Description

Profitable Vape Store for Sale in Prime Richmond Location Across from Lansdowne Mall. Own a profitable and well-established vaping & tobacco retail store located directly across from Lansdowne Mall, one of Richmond’s busiest commercial hubs. Operating since 2021, this turnkey business is available for both asset & share sale, offering excellent flexibility for different types of buyers. The unit offers 877 sq.ft. of well-utilized space, including approximately 277 sq.ft. of retail storefront and 600 sq.ft. of upstairs office space, ideal for inventory storage, administration, or future business growth. With a steady stream of loyal customers, stable revenue & manageable overhead, it’s the perfect opportunity for an owner-operator ready to step into a successful business. The lease just renewed with a 3-year term till July 19, 2027. Monthly base rent begins at $1,644.38. With both e-cigarettes, vaping products, and tobacco licences. By appointments only. Do not disturb Staff.

Property Details

Property TypeBusiness Opportunity / Other/See Remarks / Business / Other
Style of BuildingMixed Use, Street-Level Storefront
Asking Price$85,000
Original Asking Price$98,000
Maintenance Fee-
Listing Date2025-Apr-08
Days at New Price72 days
Days on Market99 days
Size of House877 sqft
Price per House SqFt$97
Maint. Fee per SqFt-
Age of House30 years (1995)
Property Taxes$2,371 (2024)
Ownership InterestStrata
PID800-177-531
Seller's AgentSotheby's International Realty Canada
Buyer's Agent Commission4.5% OF FINAL SALE PRICE

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Storeys (Finished)
Basement Info
Floor Area (Finished)
Renovations
Roof
Flooring
Exterior Finish
Foundation
Fireplaces
Heating
Rules
Outdoor Features
Parking
Utilities
Water Supply
Sewer
Rear Yard
Flood Plain
Zoning

Listing Details

Asking Price$85,000
Listing Date2025-Apr-08
MLS® NumberC8068241
Primary BrokerSotheby's International Realty Canada

MLS® Pricing History

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DateStatusPriceChange
2024-Dec-15
Listed
$1,250,000

-$25,000 -2.0%

2024-Nov-28
Price Change
$1,275,000

-$24,000 -1.8%

2024-Nov-01
Listed
$1,299,000
2023-Aug-22
Sold
$1,150,000

-$25,000 -2.1%

2023-Aug-10
Price Change
$1,175,000

-$24,000 -2.0%

2023-Jul-15
Listed
$1,199,000
2022-Mar-18
Sold
$985,000

-$14,000 -1.4%

2022-Mar-05
Listed
$999,000
2021-Sep-12
Sold
$825,000

-$24,000 -2.8%

2021-Aug-28
Listed
$849,000

Assessment History

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YearTotalLandImprovementsYoY ChangeTaxes

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ESTIMATED PAYMENTS

$327

20.0% | $17,000
30 Years
4.09%
Alan Wu - Mortgage Partner

Alan Wu

Vita Lending Corp.

With a modern approach and a passion for helping others succeed, Alan, ranked in the top 10% of mortgage professionals, delivers fast, tailored solutions from first homes to multi-family builds. Trusted for his dedication and service, he consistently goes above and beyond to put clients first.

The displayed rates are provided as guidance only, are not guaranteed, and are not to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Nearby Schools

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Market Statistics

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Active Properties

All ActiveThis Property
All Residential1,250
Median Asking Price$875,000
Median Price per SqFt$650
Median Days on Market28

Sold Properties

Dec 2024Nov 2024Dec 2023
All Residential
(% change from Dec 2023)
127.0%
(↑5.2%)
139
121
Median Selling Price
(% change from Dec 2023)
$1,375,000
(↑8.1%)
$1,368,000
$1,272,000
Median Price per SqFt
(% change from Dec 2023)
$902
(↑7.8%)
$895
$837
Median Days on Market
38
35
31
Median Discount Off Ask
2.8%
2.6%
2.2%
New Listings
365
380
398
Months of Inventory
24.8
21.7
18.5
Seller's
5.0Balanced Market8⅓
Buyer's

Number of Sales (Brighouse)

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