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12200 Riverside Way 16,076 SF Industrial Building Richmond, BC V6W 1K8 $11,580,000 CAD ($720.33 CAD/SF)

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Executive Summary

An Exceptional Investment Opportunity in Central Richmond! This rare offering presents a standalone premium industrial property featuring an existing 16,076 SQFT structure with approved plans for an additional 13,378.5 SQFT expansion—with the building permit ready to be issued. The property is designed for versatility, accommodating one or two businesses. Key features include: Commercial kitchen rough-in Partial cannabis processing setup High-end office space Showroom Banquet hall Strategically located in central Richmond, it provides quick access to Highway 99 and Steveston Highway, ensuring excellent connectivity for business operations. This is an exceptional and uncommon opportunity to secure a flexible, high-value asset in one of Richmond’s most sought-after locations.

Property Facts

Price	$11,580,000 CAD	Rentable Building Area	16,076 SF
Price Per SF	$720.33 CAD	No. Stories	1
Sale Type	Investment or Owner User	Year Built	2000
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse	Parking Ratio	2.8/1,000 SF
Building Class	C	Clear Ceiling Height	24’
Lot Size	0.96 AC	No. Dock-High Doors/Loading	1
Zoning	IBI - IL – Light Impact Industrial Zone; intended to accommodate light impact industry, transportation industry, warehouses, distribution centres.

Price	$11,580,000 CAD
Price Per SF	$720.33 CAD
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	0.96 AC
Rentable Building Area	16,076 SF
No. Stories	1
Year Built	2000
Tenancy	Single
Parking Ratio	2.8/1,000 SF
Clear Ceiling Height	24’
No. Dock-High Doors/Loading	1
Zoning	IBI - IL – Light Impact Industrial Zone; intended to accommodate light impact industry, transportation industry, warehouses, distribution centres.

Space Availability

Space
Size
Space Use
Build-Out
Available

1st Floor
16,076 SF
Industrial
Shell Space
Now

This offering presents a rare opportunity to acquire a premium industrial property in the heart of Richmond, British Columbia. The site features a 16,076-square-foot building with approved plans and a ready-to-issue permit for an additional 13,378.5 square feet of expansion, providing significant growth potential for future operations. Designed for flexibility, the property can accommodate one or two businesses, making it suitable for a range of industrial users.