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12840 Bathgate Way 1,850 SF Industrial Condo Unit Offered at $1,599,000 CAD in Richmond, BC V6V 1Y2



Investment Highlights
- Two-level unit with warehouse and office areas designed for operational versatility.
- Located nearby IKEA and high-traffic retail nodes providing strong exposure potential.
- Excellent connectivity to Richmond’s major roadways and transit networks simplifying logistics.
- Main floor includes two freezers and an office for flexible storage and administrative needs.
- Front-door parking ensures convenient access for customers and staff.
Executive Summary
The property at 12840 Bathgate Way in Richmond comprises a two-story industrial and office unit built in 1981 within the IB1 zoning designation. It offers a ground floor with warehouse space and cold storage facilities, and an upper level with additional offices and storage. The site is positioned in a mixed-use district near major retail outlets and is accessible via Richmond's primary road networks. On-site parking is located at the front entrance.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
This property has been professionally built out with a complete seafood processing system and is offered fully equipped. Extensive upgrades include multiple commercial-grade water tanks, integrated filtration and circulation systems, dedicated drainage infrastructure, and temperature-controlled cold storage. The layout supports efficient workflow and compliance with food processing standards. Additional improvements include a finished office area, wash stations, and designated sanitary zones, making the facility suitable for immediate operational setup.
Sale Notes
This two-level industrial and office unit offers a well-planned configuration that supports versatile business operations. Located in Richmond's dynamic commercial hub, the property provides both functionality and access. The ground floor features a dedicated warehouse area with two freezers and an office, while the upper floor includes additional warehouse space and multiple offices. Positioned near major retail destinations such as IKEA and numerous dining establishments, the property enables businesses to leverage exceptional visibility and convenience for clients. A user-friendly parking arrangement at the entrance ensures accessibility for staff, clients, and service teams. Seamless connectivity to major transit routes enhances logistical efficiency and operational reach, making this unit an attractive acquisition for owner-users or investors looking for a well-located industrial asset with office capabilities.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 15 | 1,850 SF | Industrial | $1,599,000 CAD ($864.32 CAD/SF) | - |
Unit 15
| Unit Size |
| 1,850 SF |
| Condo Use |
| Industrial |
| Price |
| $1,599,000 CAD ($864.32 CAD/SF) |
| NOI |
| - |
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Unit 15
| Unit Size | 1,850 SF |
| Condo Use | Industrial |
| Price | $1,599,000 CAD ($864.32 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| This property has been professionally built out with a complete seafood processing system and is offered fully equipped. Extensive upgrades include multiple commercial-grade water tanks, integrated filtration and circulation systems, dedicated drainage infrastructure, and temperature-controlled cold storage. The layout supports efficient workflow and compliance with food processing standards. Additional improvements include a finished office area, wash stations, and designated sanitary zones, making the facility suitable for immediate operational setup.</li></ul> | |
| Sale Notes | |
| This two-level industrial and office unit offers a well-planned configuration that supports versatile business operations. Located in Richmond's dynamic commercial hub, the property provides both functionality and access. The ground floor features a dedicated warehouse area with two freezers and an office, while the upper floor includes additional warehouse space and multiple offices. Positioned near major retail destinations such as IKEA and numerous dining establishments, the property enables businesses to leverage exceptional visibility and convenience for clients. A user-friendly parking arrangement at the entrance ensures accessibility for staff, clients, and service teams. Seamless connectivity to major transit routes enhances logistical efficiency and operational reach, making this unit an attractive acquisition for owner-users or investors looking for a well-located industrial asset with office capabilities.</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 | 54,879 SF | Typical Floor Size | 54,879 SF |
| Property Type | Industrial (Condo) | Year Built | 1981 |
| Property Subtype | Warehouse | Lot Size | 3.79 AC |
| Building Class | B | Parking Ratio | 1.06/1,000 SF |
| Floors | 2 | ||
| Zoning | IB-1 - Industrial business park | ||
| Total Building Size | 54,879 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 54,879 SF |
| Year Built | 1981 |
| Lot Size | 3.79 AC |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | IB-1 - Industrial business park |
Amenities
- Cooler
- Floor Drains
- Freezer (Space)
- Mezzanine
Utilities
- Lighting - Fluorescent
- Heating - Gas
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
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12840 Bathgate Way
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