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

11871 HORSESHOE WAY #1167 Richmond, BC V7A5H5

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Nader Bakhoum,PMP, P.Eng.

Key Details

Location

Rooms

Exterior

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11871 HORSESHOE WAY #1167