Industrial for Sale — Richmond, BC
$1,950,000
1167 11871 HORSESHOE WAY, Richmond, BC V7A5H5
Property details
Structured details
- Zoning
- IB1
- Annual property tax
- $17,980.24 (2025)
- Lot dimensions
- 4237
- Strata/association fee
- $398.76/monthly
Listing Information
- MLS®
- C8078035
- Listed
- April 20, 2026
- Time on market
- 147 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Opportunity to acquire a well-located industrial strata unit in Richmond's established Horseshoe Way industrial corridor. The property comprises approximately 4,370 square feet of functional warehouse and office space and is currently leased to an established tenant, providing immediate income and investment stability. The property offers investors the opportunity to acquire a cash-flowing industrial asset in one of Metro Vancouver's most supply-constrained industrial markets. The existing lease generates attractive in-place income while providing future upside through lease rollover and market rent growth. Richmond continues to benefit from strong industrial fundamentals driven by its proximity to Vancouver International Airport, major transportation routes, and the Port of Vancouver. This opportunity is ideally suited for private investors, family offices, and industrial real estate buyers seeking stable income, long-term appreciation potential, and exposure to the highly desirable. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,950,000 asking price.
Financing details
- Monthly debt service
- $18,927
- Cash required at close
- $415,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Richmond)
- Population
- 209,937(+5.9% since 2016)
- Population density
- 1,629.1/km²
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 36.8%
- Postsecondary below bachelor's
- 22.6%
- High school diploma
- 28.7%
- No certificate/diploma
- 11.9%
Population aged 15 and over.
Commute
- Car, truck or van
- 79.0%
- Public transit
- 13.1%
- Walked
- 5.0%
- Bicycle
- 1.2%
- Other
- 1.7%
Commute duration
- Under 15 min
- 24.5%
- 15–29 min
- 38.1%
- 30–44 min
- 24.1%
- 45–59 min
- 7.5%
- 60+ min
- 5.9%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Mama's Dumpling & Coffee412m
- The Keg522m
- Westcoast Poke · 11666 Steveston Highway547m
- café de A · 11666 Steveston Highway548m
- Pho 37 · 11666 Steveston Highway553m
Cafes (5+)
- InBetween/Brunch92m
- The London Cafe · 12251 Horseshoe Way517m
- Bubble Waffle Cafe644m
- Starbucks646m
- Tim Hortons · Steveston Highway659m
Grocery (4)
- Que Pasa Mexican Foods306m
- Exotic International Market · 11331 Coppersmith Way525m
- Save-On-Foods · 11666 Steveston Highway556m
- Bulk Barn565m
Shopping (1)
- Canadian Tire551m
Parks (2)
- Lee Slough427m
- Horseshoe Slough537m
Gyms (4)
- Wayland Sports Centre - Swimming & Gymnastics Club208m
- Axé Capoeira Richmond · 150-11780 Hammersmith Way451m
- Club Pilates646m
- Anytime Fitness · 10880 Number 5 Road796m
Pharmacies (1)
- London Drugs · 11666 Steveston Highway570m
Banks & ATMs (5+)
- Scotiabank · 11666 Steveston Highway547m
- CIBC · 11200 Number 5 Road579m
- Scotiabank ATM632m
- Coast Capital Savings · 11660 Steveston Highway643m
- Instacoin ATM665m
Healthcare (1)
- SnoreMD Sleep Apnea Clinic · 11720 Steveston Highway642m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Southbound Horseshoe Way @ Blacksmith Place | 84m | |
| Eastbound Machrina Way @ Horseshoe Way | 262m | |
| Northbound No. 5 Rd @ Hartnell Rd | 310m | |
| Southbound No. 5 Rd @ Rice Mill Rd | 315m | |
| Northbound Hammersmith Way @ Hammersmith Gate | 330m | |
| Northbound Hammersmith Way @ Horseshoe Way | 376m |
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All in Richmond →Frequently asked questions
What is the asking price for this business?
The asking price is $1,950,000.
Where is this business located?
This listing is located in Richmond, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.