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$ 1,950,000
Est. payment | /mo
4,370 SqFt
$ 1,950,000
Est. payment | /mo
4,370 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4370
Square Footage 4,370 sqft
Price per Sqft $446
MLS® Listing ID C8078035
Condo Fees $398/mo
Year Built 1993
Lot Size 4,237 Sqft
Acres 4237.0
Property Description
Opportunity to acquire a well-located industrial strata unit in Richmond's established Horseshoe Way industrial corridor. The property comprises approximately 4,370 square feet of functional warehouse and office space and is currently leased to an established tenant, providing immediate income and investment stability. The property offers investors the opportunity to acquire a cash-flowing industrial asset in one of Metro Vancouver's most supply-constrained industrial markets. The existing lease generates attractive in-place income while providing future upside through lease rollover and market rent growth. Richmond continues to benefit from strong industrial fundamentals driven by its proximity to Vancouver International Airport, major transportation routes, and the Port of Vancouver. This opportunity is ideally suited for private investors, family offices, and industrial real estate buyers seeking stable income, long-term appreciation potential, and exposure to the highly desirable. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by RE/MAX Crest Realty
Nearby Locations
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