Industrial for Sale — Richmond, BC
$1,228,000
140 2981 SIMPSON ROAD, Richmond, BC V6X2R2
Property details
Structured details
- Zoning
- IR1
- Annual property tax
- $11,233.14 (2025)
- Strata/association fee
- $482.7/monthly
Listing Information
- MLS®
- C8075804
- Listed
- February 3, 2026
- Time on market
- 223 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Zoned IR1, 2,545 sf (2,461 sf down + 84 sf up; 23.85' W x 102' D approx.) rarely-available industrial unit in popular North Richmond just 40 meters north of Bridgeport Rd. Minutes to Knight, Oak & Arthur Lang bridges, YVR, Hwy 91 & 99. Legally-built 84 sf storage upstairs has a 2nd, finished washroom & storage area. 8'5"ceiling at front 1,112 sf (23.85' W x & 44.78' D). 19' clear ceiling in approx. 50'-D warehouse. 10' x 12' grade-loading, overhead door at rear. 3 assigned parking (1 front & 2 at back) + loading bay. Unit has been a successful glass shop, perfect for retail building material sales (e.g. paint, windows, blinds, flooring). Sorry: no automotive purposes. Note: narrow driveways limit container/larger box trucks (refer to photo). Owner retiring. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,228,000 asking price.
Financing details
- Monthly debt service
- $11,919
- Cash required at close
- $270,600
- 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
Restaurants (5+)
- Cafe Loyal · 11911 Bridgeport Road520m
- Pho Japolo · 11911 Bridgeport Road531m
- Davie Dosa Company · 3031 Beckman Place659m
- Peaceful Restaurant · 2188 Number 5 Road709m
- Dai Jang Kum · 109-3088 Saint Edwards Drive740m
Cafes (1)
- River Road Café568m
Parks (1)
- Albert Airey Neighbourhood Park686m
Banks & ATMs (1)
- Scotiabank559m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Westbound Bridgeport Rd @ Simpson Rd | 63m | |
| Eastbound Bridgeport Rd @ Simpson Rd | 110m | |
| Eastbound Bridgeport Rd @ Shell Rd | 146m | |
| Westbound Bridgeport Rd @ Olafsen Ave | 253m | |
| Westbound Bridgeport Rd @ Shell Rd | 271m | |
| Eastbound Bridgeport Rd @ Olafsen Ave | 341m |
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 $1,228,000.
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.