1167 11871 Horseshoe Way,Richmond, BC V7A5H5
Richmond, BC V7A5H5
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:13843)
Details
| MLS # | C8078035 |
|---|---|
| Listing Type | For Sale |
| Strata Fees | $398 |
| Status | Active |
| Year | 1993 |
| Days On Site | 199 |
| Listing Provided By | RE/MAX Crest Realty | Randal Kung |
Features
| SQ Feet | 4,370 |
|---|---|
| Zoning | IB1 |
| Acreage | 0.10 |
Interior
| Fireplace Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 17980.24 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | BC |
|---|---|
| City | Richmond |
| Postal Code | V7A5H5 |
| Listing VS Median (in V7A5H5) | |
Price: $1,950,000 low | high Med: $1,419,000 sqft: 4,370 low | high Med: 3,415 $ / sqft: $446 low | high Med: $424 On site: 199 low | high Med: 130 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Richmond |
| Postal Code | V7A5H5 |
| Listing VS Median (in V7A5H5) | |
Price: $1,950,000 low | high Med: $1,419,000 sqft: 4,370 low | high Med: 3,415 $ / sqft: $446 low | high Med: $424 On site: 199 low | high Med: 130 | |
