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1st Floor - Unit 123
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Industrial
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1,500 SF
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$695,937 USD
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Unit Size: 1,500 SF
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Condo Use: Industrial
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Price: $695,937 USD
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Sale Type: Owner User
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Price/SF: $463.96 USD
Description
This 1,500 sq. ft. Warehouse, A rare chance to acquire a fully leased industrial unit in Rivers-Reach Business Park, one of North Richmond's most desirable and strategically positioned commercial hubs.
Sale Notes
Presenting an exceptional investment opportunity in Rivers-Reach Business Park, one of North Richmond’s most established and accessible industrial hubs. This 1,500-square-foot strata warehouse unit is offered fully leased, providing investors with secure cash flow of $4,300 per month through an active lease extending until August 31, 2026. The property includes two designated parking stalls and features a clean, low-maintenance interior suited for a range of light industrial uses.
Strategically located just east of No. 6 Road and River Road, the site offers direct connectivity to Highway 91, ensuring rapid access to Vancouver International Airport, Downtown Vancouver, and major regional trade corridors. This location appeals to both logistics and e-commerce businesses due to its proximity to core distribution routes. Rivers-Reach Business Park is recognized for stability, functionality, and strong surrounding tenant profiles, enhancing long-term value for owners and investors alike.
This property is ideal for passive investors seeking predictable rental income in a high-demand submarket or for an owner-user planning ahead for future occupancy. Motivated seller invites offers.
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Tejinder Bansal
Multiple Realty Ltd
