


MLS® Number
C8073391
Listed by:
1NE Collective Realty Inc.
About This Property
Rare opportunity to purchase 2 high-exposure, tenanted industrial strata units totaling approx. 4,500 sq.ft. in South Richmond's Riverside Industrial Park, near No. 5 Rd and Steveston Hwy, behind Ironwood Mall. Currently leased to a dance academy with a $3/sq.ft. annual increase. Monthly net rent: Yr 1 - $7,125; Yr 2 - $8,250; Yr 3 - $9,375; Yr 4 - $10,500; Yr 5 - $11,625. Lease expires Aug 31, 2030. Corner/end units with 14' ceilings, 2 grade loading doors, IB1 zoning, great exposure along Horseshoe Way, and easy access to Hwy 91 & 99. (id:65271)
Systems & Interior
Structure & Parking
- Zoning Detail
- IB1
- Year Built
- 1980
Full Listing Specifications
- MLS® Number
- C8073391
- Property Type
- Industrial
- Bedrooms
- 0
- Bathrooms
- 0
- Living Area
- 4,500 sqft
- Annual Taxes
- $22,115
- Strata Fee
- $564.54/monthly
- City
- Richmond
- Postal Code
- V7A4S5
Route planning from Richmond
Planning estimates only. Open any route for current directions and traffic; bridge conditions and transit times change throughout the day.
Neighbourhood Insight
Location
Open in Google MapsListed at
$2,890,000
MLS® C8073391
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$578,000
Estimated Monthly
Alex's Insight
"At 4.84%, focus on the 25yr term to maximize early equity growth."
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Call Alex About Pre-ApprovalThe data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. The information is deemed reliable but not guaranteed.