MLS® C8081709New

Industrial for Sale — Richmond, BC

$938,000

148 12520 HORSESHOE WAY, Richmond, BC V7A5K3

For Sale
1,588 square feet
Floor area
2005
Year built

Property details

Structured details

Zoning
IB1
Annual property tax
$5,797 (2025)
Strata/association fee
$160/monthly
Utilities
Electricity, Cable

Listing Information

MLS®
C8081709
Listed
September 1, 2026
Time on market
13 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Warehouse for Sale ' 1,588 sq. ft. with Mezzanine | Richmond, BC Prime industrial unit conveniently located near No. 5 Road and Steveston Highway, offering easy access to Highway 99 and Highway 91. This well-maintained 1,588 sq. ft. warehouse features a functional layout with a mezzanine level and is ideal for a variety of business uses or as a solid investment opportunity. Property Highlights: Total Area: 1,588 sq. ft. (includes mezzanine) 8' x 9' grade-level loading door Two assigned parking stalls One washroom 3-phase power, 100 amps, 240 volts Excellent access to major transportation routes and nearby amenities. This versatile industrial space is suitable for a range of light industrial, storage, or distribution uses. For more information or to book a showing, please contact the listing agent. (id:63159)

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Financing details
Monthly debt service
$9,104
Cash required at close
$212,600
DSCR
Cash-on-cash return (yr 1)

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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 (1)

  • Jamoneria by ARC · 12471 Horseshoe Way123m

Cafes (2)

  • InBetween/Brunch379m
  • The London Cafe · 12251 Horseshoe Way454m

Grocery (1)

  • Que Pasa Mexican Foods320m

Parks (3)

  • Horseshoe Slough344m
  • Woodward's Landing Park · 11551 Dyke Road365m
  • Lee Slough617m

Gyms (1)

  • Wayland Sports Centre - Swimming & Gymnastics Club260m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Southbound Horseshoe Way @ Machrina Way105m
Westbound Horseshoe Way @ 12300 Block162m
Eastbound Machrina Way @ No. 5 Rd165m
Westbound Machrina Way @ No. 5 Rd198m
Eastbound Machrina Way @ Horseshoe Way208m
Westbound Horseshoe Way @ Horseshoe Place358m

Other commercial property types for sale in Richmond

Frequently asked questions

What is the asking price for this business?

The asking price is $938,000.

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.