23251 Fraserwood Way
Richmond, BC V6V 1E3

• Unit Size: 3,240 SF
• Condo Use: Industrial
• Price: $1,023,288 USD
• Sale Type: Owner User
• Price/SF: $315.83 USD

Description

Unit 211 features one grade loading door measuring 12 feet wide by 14 feet high, along with a 26-foot clear ceiling height. The space is equipped with 200-amp, 3-phase, 120/208V electrical service and includes two designated parking stalls. Additional features include a gas-fired unit heater, ceiling fans, and a ground floor load capacity of 500 pounds. The building is constructed with insulated concrete tilt-up panels and provides HVAC service to the mezzanine level. It is conveniently located at the northwest corner of the complex.

Sale Notes

Positioned within Catalina Corporate Centre in Richmond, this modern light industrial unit offers a compelling opportunity for investors seeking secure rental income and long-term upside. The 3,240 SF corner unit features contemporary design, quality finishes, and highly functional space, including a shell mezzanine and warehouse configured for efficiency. Currently tenanted by a quality operator until 2029, this property delivers stable cash flow from day one.
Strategically located just minutes from Highway 91 and Westminster Highway, the asset benefits from exceptional connectivity to major markets throughout Metro Vancouver. YVR International Airport is only 20 minutes away, with Downtown Vancouver accessible within 35 minutes. The property is insulated with concrete tilt-up panels, equipped with a 26’ clear ceiling height, grade loading access, and two dedicated parking stalls, offering a fully adaptable layout for a range of industrial uses.
With robust proximity to Burnaby, Delta, and New Westminster, this zoning supports manufacturing, warehousing, and distribution users. A rare investment in a high-demand submarket, this asset combines modern construction with prime accessibility, positioning it as a valuable addition to any industrial portfolio.