Building & Land 3.75 acres 12380 Horseshoe Way 61,573 SF Industrial Building Richmond, BC V7A 4Z1 $33,990,000 CAD ($552.03 CAD/SF)

This freestanding industrial facility offers a rare opportunity to acquire a substantial 61,573 SF building on 3.75 acres in Richmond’s Riverside Industrial Park. The property features a tilt-up concrete structure with a 20-foot clear ceiling height, fully sprinklered interiors, and robust electrical capacity (347/600 volt, 800 amp, 3-phase, 4-wire service). The site includes a secure truck loading court, full drive-around capability, and additional land for outdoor storage or future expansion.
Located near Highway 99 and Steveston Highway, the property provides excellent connectivity to major transportation routes, Vancouver International Airport, and the Greater Vancouver area. Currently leased to Elk Valley Mining Ltd. until February 28, 2027, this asset offers stable income with no renewal rights, making it an attractive investment for owner-users or investors seeking long-term upside in a high-demand industrial market.
The property is located in Riverside Industrial Park in South Richmond, near Highway 99 and Steveston Highway. It consists of a tilt-up concrete building constructed in 1984 and expanded in 1989. The site covers 3.75 acres with a building size of 61,573 SF and site coverage of 37.7%. Zoning is IB1 (Industrial Business Park). The property includes a secure truck loading court, additional land, and full drive-around capability. It is currently leased to Elk Valley Mining Ltd. until February 28, 2027, with no renewal rights.