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11860 Hammersmith 2,710 SF Industrial Condo Unit Offered at $1,280,000 CAD in Richmond, BC V7A 5E1
Investment Highlights
- Convenient location near Highway 99 and Steveston Highway for efficient regional access.
- Modernized office areas with updated lighting and interior finishes.
- Equipped with grade-level loading and high-clearance warehouse space for versatile operations.
- IB1 zoning allows for a broad range of industrial and office uses.
Executive Summary
This industrial property is situated in Richmond’s Riverside business park, offering excellent connectivity to Highway 99 and major transportation routes. The building provides grade-level loading access, high-clearance warehouse space, and ample on-site parking to accommodate a range of operational needs. Recent improvements include modernized office areas, upgraded lighting, and refreshed interior finishes, creating a functional and efficient environment. Zoned IB1, the property supports diverse uses such as manufacturing, warehousing, storage, and office operations.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | APN/Parcel ID | 015-874-389 |
| No. Parking Spaces | 5 |
| Sale Type | Owner User |
| No. Parking Spaces | 5 |
| APN/Parcel ID | 015-874-389 |
Description
2,700+ sq ft warehouse with High ceiling, a grade level loading door, 3 designated parking stalls, and conveniently located at Riverside Park with easy access to HWY 99. Close to No.5 Road/Steveston HWY and walking distance to Ironwood Mall. Renovated office space, upgraded LED lights, new Floors, and bathrooms, Kitchen counter, Sound System in 2018. IB1 zoning permits a wide range of businesses manufacturing, warehousing, storage, and office uses. Retail/office space with front entrance, second office level can be leased separately. Warehouse features 1 grade loading door at Frond entrance.
Sale Notes
Located in well established business park. Unit comes with detailed renovation, ready to move in.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 173 | 2,710 SF | Industrial | $1,280,000 CAD ($472.32 CAD/SF) | - |
Unit 173
| Unit Size |
| 2,710 SF |
| Condo Use |
| Industrial |
| Price |
| $1,280,000 CAD ($472.32 CAD/SF) |
| NOI |
| - |
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Unit 173
| Unit Size | 2,710 SF |
| Condo Use | Industrial |
| Price | $1,280,000 CAD ($472.32 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 5 |
| APN/Parcel ID | 015-874-389 |
| Description | |
| 2,700+ sq ft warehouse with High ceiling, a grade level loading door, 3 designated parking stalls, and conveniently located at Riverside Park with easy access to HWY 99. Close to No.5 Road/Steveston HWY and walking distance to Ironwood Mall. Renovated office space, upgraded LED lights, new Floors, and bathrooms, Kitchen counter, Sound System in 2018. IB1 zoning permits a wide range of businesses manufacturing, warehousing, storage, and office uses. Retail/office space with front entrance, second office level can be leased separately. Warehouse features 1 grade loading door at Frond entrance.</li></ul> | |
| Sale Notes | |
| Located in well established business park. Unit comes with detailed renovation, ready to move in.</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 | 59,050 SF | Typical Floor Size | 59,050 SF |
| Property Type | Industrial (Condo) | Year Built | 1985 |
| Property Subtype | Warehouse | Lot Size | 5.00 AC |
| Building Class | C | Parking Ratio | 0.51/1,000 SF |
| Floors | 1 | ||
| Zoning | IB1 - Industrial Business | ||
| Total Building Size | 59,050 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 59,050 SF |
| Year Built | 1985 |
| Lot Size | 5.00 AC |
| Parking Ratio | 0.51/1,000 SF |
| Zoning | IB1 - Industrial Business |
Amenities
- Storage Space
Utilities
- Lighting - LED
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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11860 Hammersmith
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