778-655-0627
11951 Mitchell Rd, Richmond, BC for Sale
Warehouse - FOR SALE
1/25
null | Request Cap Rate

11951 Mitchell Rd
Richmond, BC V6V 1M7


HIGHLIGHTS

  • Clean phase II environmental report just received (Dec 2025)
  • Pliable lease provisions with a WALT under 1 year, enabling immediate IPP repositioning or diverse end-user applications
  • Flexible zoning supporting a wide range of permitted industrial uses and diverse tenant roster generating stable holding income
  • Heavy 3-phase power and independently metered units
  • High-traffic location with prominent exposure on Mitchell Road
  • Approximately 20,000 sf + of secured rear yard space and vacant caretaker suite with river views

OVERVIEW

*Revised pricing guidance & clean phase II environmental report (December 2025)* Well positioned, 25,189 square foot warehouse on 1.06 acres within Richmond’s Mitchell Island industrial node, featuring 16 individual units with independent metering, heavy 3-phase power, 200ft of Fraser River frontage, 20,000 sf + of secured rear yard, caretaker suite and multiple covered storage structures. Currently configured for multi-tenant occupancy/segmented uses, the property offers workability for value-add investors (mark-to-market: 58%) and end users (WALT less than 1 year) seeking a combination of warehouse and yard space in a high-exposure location with exceptional connectivity throughout the Lower Mainland and to the U.S. border. 61% of the NLA is available as of December 31, 2025 and the balance of NLA is available in intervals throughout 2026/2027.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

17

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.06

LAND SF

46,174

ZONING

I - Industrial Zone

APN/PARCEL ID

003-682-650,011-920-912

ASK ABOUT THIS PROPERTY

Derek NystromCushman & WakefieldMore Info
778-655-0627

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Derek NystromCushman & WakefieldMore Info
778-655-0627

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