Industrial for Sale — Richmond, BC
$978,000
123 1999 SAVAGE ROAD, Richmond, BC V6Y2G1
Property details
Structured details
- Zoning
- IL
- Annual property tax
- $8,373.82 (2025)
- Lot dimensions
- 1510
- Strata/association fee
- $262.47/monthly
- Utilities
- Water, Sewer, Electricity, Telephone
- Sewer
- Storm sewer
- Security
- Alarm system
From the listing remarks
- Rent (stated)
- $4,300/mo
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- C8080180
- Listed
- July 7, 2026
- Time on market
- 70 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
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. This 1,500 sq. ft. warehouse offers stable rental income of $4, 300/month with a lease in place until August 31, 2026, making it ideal for investors seeking predictable cash flow or owner-users planning. Located just east of #6 Road & River Road, the property provides exceptional access to Highway 91, YVR, and major Metro Vancouver trade corridors. Current Rental Income: $4,300/month, Lease Expiry: August 31, 2026, Seller is motivated - try your offer. Available for Lease or Sale (id:63159)
Financing calculator
Estimate your monthly payment on the $978,000 asking price.
Financing details
- Monthly debt service
- $9,493
- Cash required at close
- $220,600
- 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
Parks (2)
- Gladstone-Riverside Park · 2500 East Kent Street South676m
- No. 7 Road Pier Park · 15811 River Road781m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Eastbound Knox Way @ Burdette St | 372m | |
| Eastbound SE Marine Dr @ Elliott St | 817m | |
| Westbound SE Marine Dr @ Elliott St | 825m | |
| Eastbound SE Marine Dr @ Nanaimo St | 828m | |
| Southbound No. 6 Rd @ Vulcan Way | 828m | |
| Eastbound SE Marine Dr @ 2600 Block | 897m |
Other commercial property types for sale in Richmond
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All in Richmond →Frequently asked questions
What is the asking price for this business?
The asking price is $978,000.
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.