101-103 Riverside Dr - Warehouse FOR SALE


North Vancouver, BC V7H 1T6
$4,000,000 CAD
604-416-2495
101-103 Riverside Dr, North Vancouver, BC for Sale
$4,000,000 CAD
Warehouse - FOR SALE
1/11
null | 2.66% Cap Rate

NEW


101-103 Riverside Dr
North Vancouver, BC V7H 1T6


HIGHLIGHTS

  • Heavy power supply.
  • Energy-efficient windows and skylights.
  • Garage level loading with ample on-site parking.
  • Recently renovated interior with modernized building systems.
  • High ceiling heights throughout building.
  • The property sits in the heart of Maplewood, North Vancouver’s established industrial district.

OVERVIEW

Lennard Commercial Realty is pleased to present 101 Riverside Drive, North Vancouver - a premier industrial opportunity in one of the North Shore's most sought-after employment hubs, offering rare flexibility for both investors and owner-users. The property pairs a strong tenant profile and stable in-place cash flow with a location investors compete for: direct access to major transportation routes via the Ironworkers Memorial Bridge and Highway 1. With approximately 2,590 SF of vacant space available for occupancy, an owner-occupier can establish operations on-site from day one, while the existing tenant provides stable in-place income—a built-in mortgage helper offsetting carrying costs, with potential expansion space down the road. Flexible zoning supports a broad range of industrial and commercial uses, and the site's fundamentals point to meaningful long-term redevelopment upside, making this property a rare chance to secure a foothold in North Vancouver's thriving, supply-constrained industrial market.

FOR SALE DETAILS

PRICE

$4,000,000 CAD

PRICE/SF

$590 CAD /SF

CAP RATE

2.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

Heating

CLEAR CEILING HT

21 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2

LAND SF

8,712

ZONING

EZLI

APN/PARCEL ID

013385585

ASK ABOUT THIS PROPERTY

Brandon BuziolLennard Commercial Realty VancouverMore Info
604-416-2495

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Brandon BuziolLennard Commercial Realty VancouverMore Info
604-416-2495

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.