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8951 Douglas St 0.08 Acres of Industrial Land Offered at $1,400,000 CAD in Richmond, BC V6X 1V2
Investment Highlights
- Located in Richmond’s City Centre with convenient access to major highways and arterial routes.
- Zoning permits light industrial use with redevelopment potential up to 1.2 FAR and 16 meters in height.
- Surrounded by established businesses and amenities, including Costco and River Rock Casino.
- Close to Vancouver International Airport, Canada Line SkyTrain, and key commercial hubs.
- Fully serviced lot with water at the lot line and public sewer connection.
Executive Summary
This industrial land parcel offers a rare opportunity in Richmond’s City Centre, positioned within the Bridgeport area. The property spans approximately 3,696 square feet and is zoned for light industrial use, making it suitable for a range of commercial and industrial applications. Its strategic location provides exceptional connectivity to major transportation routes, including Highway 99 and Highway 91, ensuring efficient access to Metro Vancouver and beyond.
The site benefits from proximity to key regional amenities such as Costco Wholesale, River Rock Casino, Vancouver International Airport (YVR), and the Canada Line SkyTrain station, all within a short distance. These features enhance the property’s appeal for businesses seeking a central, well-connected location with strong logistical advantages.
With redevelopment potential allowing for a 1.2 FAR, 75% lot coverage, and a building height of up to 16 meters, this property presents an attractive option for investors and owner-users looking to capitalize on Richmond’s growing industrial market. Fully serviced with water at the lot line and public sewer access, the site is ready for development or immediate use.
The site benefits from proximity to key regional amenities such as Costco Wholesale, River Rock Casino, Vancouver International Airport (YVR), and the Canada Line SkyTrain station, all within a short distance. These features enhance the property’s appeal for businesses seeking a central, well-connected location with strong logistical advantages.
With redevelopment potential allowing for a 1.2 FAR, 75% lot coverage, and a building height of up to 16 meters, this property presents an attractive option for investors and owner-users looking to capitalize on Richmond’s growing industrial market. Fully serviced with water at the lot line and public sewer access, the site is ready for development or immediate use.
Property Facts
| Price | $1,400,000 CAD | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.08 AC |
| Property Type | Land | ||
| Zoning | Zone: IL – Light Industri - Zone: IL – Light Industrial | ||
| Price | $1,400,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 0.08 AC |
| Zoning | Zone: IL – Light Industri - Zone: IL – Light Industrial |
1 Lot Available
Lot
| Price | $1,400,000 CAD | Lot Size | 0.08 AC |
| Price Per AC | $17,500,000.00 CAD |
| Price | $1,400,000 CAD |
| Price Per AC | $17,500,000.00 CAD |
| Lot Size | 0.08 AC |
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Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100
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8951 Douglas St
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