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11191 Horseshoe Way 13,166 SF Industrial Condo Unit Offered at $7,980,000 CAD in Richmond, BC V7A 4S5



Investment Highlights
- Excellent access to Highway 99, Steveston Highway, Richmond Connector, and public transit options
- Approximately 12,996 SF of warehouse plus 4,750 SF of mezzanine area for potential office use
- Functional design featuring 20-foot clear ceiling height and three loading docks
- IB1 zoning permitting a wide range of industrial and business applications
Executive Summary
The property’s strategic location within Riverside Industrial Park delivers excellent connectivity to major arterials such as Highway 99, Steveston Highway, and the Richmond Connector, as well as proximity to transit infrastructure and surrounding amenities. This central positioning offers efficiency for logistics and distribution, while maintaining easy access to Vancouver International Airport and the Greater Vancouver marketplace.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | APN/Parcel ID | 018-949-185, 018-949-207, 018-949-215 |
| Sale Type | Owner User |
| APN/Parcel ID | 018-949-185, 018-949-207, 018-949-215 |
Description
Units 5, 6, and 7 combine for approximately 12,996 SF of warehouse space, plus an additional 4,750 SF of flexible mezzanine area that may be suitable for office conversion, subject to City of Richmond approval and licensing requirements. The premises feature functional and versatile warehouse layout, three loading docks, 20-foot clear ceiling height, and excellent accessibility for a wide range of industrial and business operations.
Sale Notes
Rare opportunity to acquire three contiguous industrial strata units in the highly desirable Horseshoe Way industrial area of South Richmond. Offered for sale together, Units 5, 6, and 7 combine for approximately 12,996 SF of warehouse space, plus an additional 4,750 SF of flexible mezzanine area that may be suitable for office conversion, subject to City of Richmond approval and licensing requirements. The premises feature functional and versatile warehouse layout, three loading docks, 20-foot clear ceiling height, and excellent accessibility for a wide range of industrial and business operations. Strategically located in Riverside Industrial Park with convenient access to Highway 99, Steveston Highway, the Richmond Connector, transit, and nearby amenities. IB1 zoning allows for a broad range of industrial and compatible business uses, making this an outstanding opportunity for owner-users, investors, or businesses seeking a centrally located Richmond industrial asset.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5/6/7 | 13,166 SF | Industrial | $7,980,000 CAD ($606.11 CAD/SF) | - |
Unit 5/6/7
| Unit Size |
| 13,166 SF |
| Condo Use |
| Industrial |
| Price |
| $7,980,000 CAD ($606.11 CAD/SF) |
| NOI |
| - |
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Unit 5/6/7
| Unit Size | 13,166 SF |
| Condo Use | Industrial |
| Price | $7,980,000 CAD ($606.11 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| APN/Parcel ID | 018-949-185, 018-949-207, 018-949-215 |
| Description | |
| Units 5, 6, and 7 combine for approximately 12,996 SF of warehouse space, plus an additional 4,750 SF of flexible mezzanine area that may be suitable for office conversion, subject to City of Richmond approval and licensing requirements. The premises feature functional and versatile warehouse layout, three loading docks, 20-foot clear ceiling height, and excellent accessibility for a wide range of industrial and business operations.</li></ul> | |
| Sale Notes | |
| Rare opportunity to acquire three contiguous industrial strata units in the highly desirable Horseshoe Way industrial area of South Richmond. Offered for sale together, Units 5, 6, and 7 combine for approximately 12,996 SF of warehouse space, plus an additional 4,750 SF of flexible mezzanine area that may be suitable for office conversion, subject to City of Richmond approval and licensing requirements. The premises feature functional and versatile warehouse layout, three loading docks, 20-foot clear ceiling height, and excellent accessibility for a wide range of industrial and business operations. Strategically located in Riverside Industrial Park with convenient access to Highway 99, Steveston Highway, the Richmond Connector, transit, and nearby amenities. IB1 zoning allows for a broad range of industrial and compatible business uses, making this an outstanding opportunity for owner-users, investors, or businesses seeking a centrally located Richmond industrial asset.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 72,367 SF | Typical Floor Size | 72,367 SF |
| Property Type | Industrial (Condo) | Year Built | 1990 |
| Property Subtype | Warehouse | Lot Size | 3.15 AC |
| Building Class | C | Parking Ratio | 0.29/1,000 SF |
| Floors | 1 | ||
| Zoning | IB1 - Industrial bussiness park | ||
| Total Building Size | 72,367 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 72,367 SF |
| Year Built | 1990 |
| Lot Size | 3.15 AC |
| Parking Ratio | 0.29/1,000 SF |
| Zoning | IB1 - Industrial bussiness park |
Amenities
- 24 Hour Access
- Mezzanine
- Security System
- Signage
- Shallow Bay
- Air Conditioning
- Smoke Detector
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
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Map
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11191 Horseshoe Way
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