11191 Horseshoe Way - Warehouse CONDO FOR SALE


Richmond, BC V7A 4S5
$2,688,000 CAD
604-306-3395
11191 Horseshoe Way, Richmond, BC for Sale
$2,688,000 CAD
Warehouse CONDO - FOR SALE
1/9
null | Request Cap Rate

11191 Horseshoe Way
Richmond, BC V7A 4S5


HIGHLIGHTS

  • IB1 zoning allows for more than 25 permitted uses, offering operational flexibility.
  • Clear-span warehouse with 20-foot ceilings, full loading dock, and dock leveler for efficient handling.
  • Includes 1,189 SF of improved office space with two bathrooms and a kitchen/meeting area.
  • Four dedicated parking stalls plus visitor parking for convenience.
  • Current lease provides stable income through 2031, with potential for early possession by owner-user.

OVERVIEW

Flexible, functional, and strategically located, position your business in the heart of Riverside Industrial Park at 4-11191 Horseshoe Way. This IB1-zoned strata warehouse offers 5,522 SF total, including 1,189 SF of improved office space with two bathrooms, 3,144 SF of clear-span warehouse with 20' ceilings, full loading dock and above grade-level bay with dock leveler, plus kitchen/meeting area, and 1,189 SF of second-floor mezzanine space. Four parking stalls included with additional visitor parking available. IB1 zoning permits 25+ uses, providing exceptional flexibility for a broad range of businesses. Currently a vacant tenanted property offering versatility for both owner-users and investors. The existing tenant is open to early lease termination, presenting a strong opportunity for an owner-occupier seeking near-term possession. Alternatively, investors can secure stable income of $7,822.83 per month through February 2028, increasing to $8,052.92 per month until 2031. Easy to show!

FOR SALE DETAILS

PRICE

$2,688,000 CAD

PRICE/SF

$487 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

72,367 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

3.15 AC

LAND SF

137,214 SF

ZONING

IB1

APN/PARCEL ID

018-949-274

ASK ABOUT THIS PROPERTY

Poul DempsterOracle RealtyMore Info
604-306-3395

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Poul DempsterOracle RealtyMore Info
604-306-3395

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