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9111 River Dr 15,316 sq ft Industrial Property Richmond, BC V6X 1Z1 £7,055,509 (£460.66/sq ft) 2.50% Net Initial Yield

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EXECUTIVE SUMMARY

Well located in the famous and one of the oldest developed areas, Bridgeport area in Richmond. Easily accessible to Hwy 99, No. 3 Road, and Bridgeport Road. Options are available for Holding or Redevelopment. Currently the Property is occupied by a long term tenant in good standing. Building was constructed circa 1966 & 1996. Two Grade loading doors. The Property is designated “General Uban T4 (15m) in Area A of Bridgeprot Village(2031) Plan and can be redeveloped with higher density. IL Zoning with multiple uses.

PROPERTY FACTS

Price £7,055,509
Price per sq ft £460.66
Sale Type Investment
Yield 2.50%
Property Type Industrial
Property Subtype
Service
  • Industrial Warehouse
Costar Property Class C
Total Plot Size 1.44 ac
Net Internal Area (NIA) 15,316 sq ft
No. Floors 1
Year Built 1966
Tenancy Single
Parking Allocation 2.48/1,000 sq ft
Use Class IL - general industrial uses, manufacture, custom indoor, commercial storage, commercial vehicle parking & storage,childcare, restaurant, animal daycare.

AMENITIES

  • Fenced Lot

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Transit Score®
Excellent Public Transport (78)
Bike Score®
Good for cycling (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®
  • Listing ID: 32357867

  • Date on Market: 05/07/2024

  • Last Updated:

  • Address: 9111 River Dr, Richmond, BC V6X 1Z1

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