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Investment Highlights

  • Convenient south Richmond. Easy access to Hwy 99, 91 & 17, YVR, & US border
  • Two-piece accessible washroom on main

Executive Summary

The property is an industrial strata unit located in Riverside Industrial Park in South Richmond. It was constructed in 2005 and offers a total area of 1,657 sq.ft., including warehouse and mezzanine office space. The site provides access to major regional transportation routes such as Highway 99 and Highway 91 and is in proximity to Vancouver International Airport. The unit includes a grade-level overhead door, two parking spaces, and is situated within a gated complex. The zoning is IB1, and certain uses are restricted by strata regulations.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 115
  • 1,593 SF
  • Industrial
  • $759,900 CAD ($477.02 CAD/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 026-556-782
Description
This industrial strata unit offers a functional and secure space within Riverside Industrial Park, a well-established business hub in South Richmond. Built in 2005, the property features a tilt-up concrete structure with a total of 1,657 sq.ft., including a warehouse and mezzanine office. The unit provides 22’6” clear ceiling height in the warehouse and 9’9” under the mezzanine, accommodating a range of storage and operational needs. A grade-level 8’ x 10’ glass overhead door ensures efficient loading, while the mezzanine is forklift-accessible for heavier items.
Sale Notes
The property includes two dedicated parking stalls directly in front of the unit and is equipped with 3-phase 300-amp power and gas heating. A two-piece accessible washroom is located on the main floor. The gated complex enhances security, and strata restrictions maintain a professional environment by prohibiting certain uses such as automotive, exercise, and animal-related businesses.
Unit Unit Size Condo Use Price NOI
Unit 115 1,593 SF Industrial $759,900 CAD ($477.02 CAD/SF) -

Unit 115

Unit Size
1,593 SF
Condo Use
Industrial
Price
$759,900 CAD ($477.02 CAD/SF)
NOI
-

Unit 115

Unit Size 1,593 SF
Condo Use Industrial
Price $759,900 CAD ($477.02 CAD/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 026-556-782
Description
This industrial strata unit offers a functional and secure space within Riverside Industrial Park, a well-established business hub in South Richmond. Built in 2005, the property features a tilt-up concrete structure with a total of 1,657 sq.ft., including a warehouse and mezzanine office. The unit provides 22’6” clear ceiling height in the warehouse and 9’9” under the mezzanine, accommodating a range of storage and operational needs. A grade-level 8’ x 10’ glass overhead door ensures efficient loading, while the mezzanine is forklift-accessible for heavier items.</li></ul>
Sale Notes
The property includes two dedicated parking stalls directly in front of the unit and is equipped with 3-phase 300-amp power and gas heating. A two-piece accessible washroom is located on the main floor. The gated complex enhances security, and strata restrictions maintain a professional environment by prohibiting certain uses such as automotive, exercise, and animal-related businesses.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,792 SF
Property Type Flex (Condo)
Property Subtype Light Distribution
Building Class B
Floors 1
Typical Floor Size 10,792 SF
Year Built 1999
Lot Size 0.51 AC
Parking Ratio 1.85/1,000 SF
Zoning IB-1 - Industrial Business Park

Amenities

  • Fenced Lot
  • Front Loading
  • Mezzanine
  • Security System
  • Signage
  • Air Conditioning
  • Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 37604030

  • Date on Market: 2025-09-09

  • Last Updated:

  • Address: 12500 Horseshoe Way, Richmond, BC V7A 5K2

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