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1851 Savage Rd 3,041 SF Industrial Condo Unit Offered at $1,290,000 CAD in Richmond, BC
Investment Highlights
- At-grade loading at both ends providing dual-access for streamlined operations.
- Includes 200-amp, 3-phase electrical service and gas heat for industrial reliability.
- Situated in a prime Richmond industrial park with swift access to Highways 91 and 99 and minutes from Vancouver International Airport.
- Drive-through configuration ideal for logistics and light manufacturing uses.
- Three exclusive parking stalls plus additional visitor parking adjacent to the unit.
Executive Summary
Located on Savage Road in Richmond, British Columbia, the property consists of an industrial strata unit with warehouse and office areas on two levels. It offers clear height ranging between 11 to 22 feet and has both front and rear grade-level loading. The site provides convenient travel routes to Highway 91, Highway 99, and Vancouver International Airport, facilitating regional and cross-border distribution. The area is zoned for light industrial uses and is part of a larger business park that accommodates various industrial and service operations.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Prime warehouse opportunity in Richmond with rapid access to all Metro Vancouver business hubs! Property comes with at-grade loading with roll-up doors at both the front and rear, allowing convenient drive-through access for a wide range of operations. The functional layout offers 1,994 sq ft of warehouse space on the ground level and 1,047 sq ft of office space above, complemented by a well-utilized mezzanine and one washroom on each level. Featuring 11'-22' clear ceiling height, overhead gas unit heater and 200Amps 3-phase power, this corner unit also includes three dedicated parking stalls and is ideally positioned adjacent to visitor parking for added convenience.
Sale Notes
Income Stream: Generating steady revenue with current rents at $1,200/month for the upper floor and $4,750/month for the ground floor. A turnkey opportunity for savvy investors or owner-operators.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2190 | 3,041 SF | Industrial | $1,290,000 CAD ($424.20 CAD/SF) | - |
Unit 2190
| Unit Size |
| 3,041 SF |
| Condo Use |
| Industrial |
| Price |
| $1,290,000 CAD ($424.20 CAD/SF) |
| NOI |
| - |
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Unit 2190
| Unit Size | 3,041 SF |
| Condo Use | Industrial |
| Price | $1,290,000 CAD ($424.20 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Prime warehouse opportunity in Richmond with rapid access to all Metro Vancouver business hubs! Property comes with at-grade loading with roll-up doors at both the front and rear, allowing convenient drive-through access for a wide range of operations. The functional layout offers 1,994 sq ft of warehouse space on the ground level and 1,047 sq ft of office space above, complemented by a well-utilized mezzanine and one washroom on each level. Featuring 11'-22' clear ceiling height, overhead gas unit heater and 200Amps 3-phase power, this corner unit also includes three dedicated parking stalls and is ideally positioned adjacent to visitor parking for added convenience.</li></ul> | |
| Sale Notes | |
| Income Stream: Generating steady revenue with current rents at $1,200/month for the upper floor and $4,750/month for the ground floor. A turnkey opportunity for savvy investors or owner-operators.</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 | 69,633 SF | Floors | 2 |
| Property Type | Industrial (Condo) | Typical Floor Size | 34,817 SF |
| Property Subtype | Warehouse | Year Built | 1991 |
| Building Class | B | Lot Size | 2.55 AC |
| Zoning | I-L - Light Industrial | ||
| Total Building Size | 69,633 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 34,817 SF |
| Year Built | 1991 |
| Lot Size | 2.55 AC |
| Zoning | I-L - Light Industrial |
Amenities
- Fenced Lot
- Security System
- Air Conditioning
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
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1851 Savage Rd
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