MLS® C8078816

Industrial for Sale — Richmond, BC

$1,180,000

138 12838 CLARKE PLACE, Richmond, BC V6V2H1

For Sale
2,458 square feet
Floor area
1989
Year built

Property details

Structured details

Zoning
IB1
Annual property tax
$11,828.45 (2025)
Strata/association fee
$389.56/monthly

Listing Information

MLS®
C8078816
Listed
May 16, 2026
Time on market
122 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Popular North Richmond location near IKEA,. This 2,458 sf unit faces Cambie Street, offering excellent business exposure and easy highway access. 869 sf 2nd floor office space and 1,589 sf (22.22 sf width x 71.5 sf depth) main floor area. Approx. 720 sf warehouse area with 18' clear ceiling height and a 10' x 12' rear grade-loading overhead door. 670 sf front showroom area. Two 2-pc washrooms. IB1 zoning. Includes 3 parking stalls plus loading bay access. (id:63159)

Financing calculator

Estimate your monthly payment on the $1,180,000 asking price.

Financing details
Monthly debt service
$11,453
Cash required at close
$261,000
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

English31.3%
Yue (Cantonese)21.5%
Mandarin21.1%
Tagalog (Pilipino, Filipino)3.7%
Punjabi (Panjabi)2.4%
Min Nan (Chaochow, Teochow, Fukien, Taiwanese)1.1%
Japanese1%
Spanish1%
Russian0.9%
Arabic0.7%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Hashi Sushi342m
  • Daddy's Grill Richmond · 4020 Number 5 Road640m
  • Himalaya Sweets and Restaurant · 4011 Number 5 Road678m
  • Little Ongpin Restaurant · 4093 Number 5 Road706m
  • L.A. Chicken · 11780 Thorpe Road716m

Cafes (2)

  • Tim Hortons · 13020 Delf Place506m
  • Typhoon Bubble Tea Taiwanese Cuisine · 11700 Cambie Road786m

Parks (3)

  • King George Park367m
  • Mitchell Neighbourhood School Park445m
  • Bridgeport Industrial Park719m

Pharmacies (2)

  • HealthPlus Pharmacy #1 · 4115 Number 5 Road718m
  • Shoppers Drug Mart · 11800 Cambie Road731m

Banks & ATMs (3)

  • Coast Capital Savings · 11911 Cambie Road695m
  • Unnamed712m
  • Bitcoin ATM Localcoin · 4121 Number 5 Road730m

Healthcare (1)

  • HealthVue Medical Clinic · 11700 Cambie Road781m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Westbound Cambie Rd @ Jacombs Rd122m
Southbound Jacombs Rd @ Cambie Rd206m
Eastbound Cambie Rd @ Jacombs Rd212m
Eastbound Cambie Rd @ 12400 Block226m
Northbound Jacombs Rd @ Vanier Place263m
Northbound Jacombs Rd @ Rowan Place279m

Other commercial property types for sale in Richmond

Frequently asked questions

What is the asking price for this business?

The asking price is $1,180,000.

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 15, 2026.