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Investment Highlights

  • Conveniently located near Vancouver International Airport and major commuter routes, including Highways 91 and 99.
  • Rear loading door enhances operational capabilities for light manufacturing, distribution, or service-based users.
  • Includes three parking spaces on limited common property for owners and clients.
  • Offers a functional layout with a ground-floor work area and dedicated second-floor office space.
  • IB1 zoning allows for diverse business uses (retail excluded), providing long-term adaptability.
  • Situated in a well-developed business hub with proximity to commercial services and transit connections.

Executive Summary

Unit 1145 at 4871 Shell Road is part of the Alderbridge Business Centre in Richmond, British Columbia. The property was constructed in 1996 and offers two stories of space: a main floor with open layout and an upper-level office component. Zoning is IB1, permitting multiple non-retail commercial uses. The site provides direct access to major regional roadways, including Highways 91 and 99, and is located a short distance from Vancouver International Airport. Utilities, including electricity and sewer services, are available, and the property includes three associated parking stalls.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1145
  • 2,229 SF
  • Industrial
  • $1,570,000 CAD ($704.35 CAD/SF)
  • -
Sale Type Owner User
Sale Notes
Located within the architecturally designed Alderbridge Business Centre, this two-level industrial/office property offers versatility and convenience for owner-users or investors. The main floor provides functional space for light industrial or warehouse needs, complemented by additional second-floor office space suitable for administrative functions or collaborative work areas. IB1 zoning supports a wide range of commercial uses—including offices, service centers, wholesale operations, and light manufacturing—making this strata unit an excellent choice for businesses seeking long-term flexibility.
Positioned minutes from Vancouver International Airport, the Oak Street Bridge, and key transportation corridors such as Highways 91 and 99, the property ensures seamless connectivity to metro Vancouver and beyond. Quality construction, large rear doors for loading, and three designated parking stalls provide practical advantages for operational efficiency. The strata-managed asset offers a low-maintenance ownership structure and continues to benefit from its location in a densely developed commercial district with surrounding business amenities and services.
Unit Unit Size Condo Use Price NOI
Unit 1145 2,229 SF Industrial $1,570,000 CAD ($704.35 CAD/SF) -

Unit 1145

Unit Size
2,229 SF
Condo Use
Industrial
Price
$1,570,000 CAD ($704.35 CAD/SF)
NOI
-

Unit 1145

Unit Size 2,229 SF
Condo Use Industrial
Price $1,570,000 CAD ($704.35 CAD/SF)
NOI -
Sale Type Owner User
Sale Notes
Located within the architecturally designed Alderbridge Business Centre, this two-level industrial/office property offers versatility and convenience for owner-users or investors. The main floor provides functional space for light industrial or warehouse needs, complemented by additional second-floor office space suitable for administrative functions or collaborative work areas. IB1 zoning supports a wide range of commercial uses—including offices, service centers, wholesale operations, and light manufacturing—making this strata unit an excellent choice for businesses seeking long-term flexibility.<br> Positioned minutes from Vancouver International Airport, the Oak Street Bridge, and key transportation corridors such as Highways 91 and 99, the property ensures seamless connectivity to metro Vancouver and beyond. Quality construction, large rear doors for loading, and three designated parking stalls provide practical advantages for operational efficiency. The strata-managed asset offers a low-maintenance ownership structure and continues to benefit from its location in a densely developed commercial district with surrounding business amenities and services.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 71,650 SF
Property Type Flex (Condo)
Property Subtype Light Distribution
Building Class B
Floors 2
Typical Floor Size 34,034 SF
Year Built 1995
Lot Size 1.72 AC
Parking Ratio 0.29/1,000 SF
Zoning IB1 - Industrial
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
  • Listing ID: 40837361

  • Date on Market: 2026-06-08

  • Last Updated:

  • Address: 4871 Shell Rd, Richmond, BC V6X 3Z6

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