5388 Parkwood Pl - Food Processing FOR SALE


Richmond, BC V6V 2N1
$21,778,000 CAD
604-662-5147
5388 Parkwood Pl, Richmond, BC for Sale
$21,778,000 CAD
Food Processing - FOR SALE
1/4
null | Request Cap Rate

5388 Parkwood Pl
Richmond, BC V6V 2N1


HIGHLIGHTS

  • 40,321 sq. ft. freestanding cold storage facility on 1.75 acres.
  • Eight loading doors (four dock and four grade) and 26-foot clear height.
  • Fully built-out office space with turnkey improvements.
  • Exceptional access to Highway 91, Highway 99, and Knight Street Bridge.
  • Located near Richmond Auto Mall with strong visibility and infrastructure.

OVERVIEW

5388 Parkwood Place offers a rare opportunity to acquire a fully improved cold storage facility in Richmond’s thriving Northwest Cambie industrial district. This 40,321 sq. ft. freestanding building sits on 1.75 acres and is purpose-built for temperature-controlled operations, featuring two freezers, three coolers, and high-clearance ceilings designed to maximize vertical storage and operational efficiency. The property also includes a fully built-out office component with turnkey setup, providing a complete solution for food processing, storage, or distribution businesses. The building is equipped with eight loading doors (four dock and four grade), a 26-foot clear ceiling height, and flexible IB zoning that accommodates a wide range of industrial uses, including storage, manufacturing, and warehousing. Designed by Christopher Bozyk Architects Ltd., the facility combines functionality with a professional image, making it ideal for both owner-users and investors seeking a high-quality asset in a prime location. Strategically positioned adjacent to the Richmond Auto Mall and minutes from Highway 91, Highway 99, and the Knight Street Bridge, the property offers unparalleled connectivity to Vancouver International Airport, the Port of Vancouver, and the U.S. border. This location ensures efficient access to major transportation routes and a strong labor pool, making it a premier choice for businesses involved in logistics, distribution, and international trade.

FOR SALE DETAILS

PRICE

$21,778,000 CAD

PRICE/SF

$540 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Food Processing

ADD'L SUBTYPES

Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

UTILITIES

Lighting - Fluorescent

CLEAR CEILING HT

26 Ft

DOCKS

4

DRIVE INS

4

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.75

LAND SF

76,230

ZONING

IB-1

APN/PARCEL ID

014-965-194

ASK ABOUT THIS PROPERTY

Steve BrookeCBRE, LimitedMore Info
604-662-5147

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Steve BrookeCBRE, LimitedMore Info
604-662-5147

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