Industrial for Sale — Richmond, BC
$1,480,000
135 2851 SIMPSON ROAD, Richmond, BC V6X2R2
Property details
Structured details
- Zoning
- IR1
- Annual property tax
- $10,742.95 (2025)
- Strata/association fee
- $525/monthly
- Utilities
- Electricity
Listing Information
- MLS®
- C8073575
- Listed
- November 4, 2025
- Time on market
- 314 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
For Sale - Prime Industrial Warehouse Investment Exceptional opportunity to own an income-producing industrial warehouse in a strategic central location near Bridgeport Road and Shell Road, with quick access to Highways 99, 91, and Knight Street. Zoned IR1, this well-maintained property features a 12' grade loading door, 25' clear ceiling height, gas-fired heater, and 3 Phase 200 Amp power. Includes two parking stalls for convenience. A long-term tenant is in place, providing a stable 4.1% cap rate. Situated in one of Richmond's most desirable industrial corridors-ideal for investors seeking steady income and long-term value growth. Call today for more information-don't miss this solid investment opportunity! (id:63159)
Financing calculator
Estimate your monthly payment on the $1,480,000 asking price.
Financing details
- Monthly debt service
- $14,365
- Cash required at close
- $321,000
- 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+)
- Cafe Loyal · 11911 Bridgeport Road547m
- Pho Japolo · 11911 Bridgeport Road557m
- Davie Dosa Company · 3031 Beckman Place657m
- Peaceful Restaurant · 2188 Number 5 Road695m
- Dai Jang Kum · 109-3088 Saint Edwards Drive736m
Cafes (1)
- River Road Café525m
Parks (1)
- Albert Airey Neighbourhood Park751m
Banks & ATMs (1)
- Scotiabank584m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Westbound Bridgeport Rd @ Simpson Rd | 129m | |
| Eastbound Bridgeport Rd @ Simpson Rd | 172m | |
| Eastbound Bridgeport Rd @ Shell Rd | 179m | |
| Westbound Bridgeport Rd @ Shell Rd | 278m | |
| Westbound Bridgeport Rd @ Olafsen Ave | 292m | |
| Eastbound Bridgeport Rd @ Olafsen Ave | 378m |
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 $1,480,000.
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.