Industrial for Sale — Richmond, BC
$699,000
240 21900 WESTMINSTER HIGHWAY, Richmond, BC V6V0A8
Property details
Structured details
- Zoning
- IB1
- Annual property tax
- $6,892.03 (2025)
- Strata/association fee
- $446.44/monthly
- Utilities
- Sewer
Listing Information
- MLS®
- C8073793
- Listed
- November 14, 2025
- Time on market
- 305 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
This 1893SF "A"class Mountain view industrial office strategically located in the heart of East Richmond provides excellent connectivity to Westminster Highway and Highway 91(the East west connector),Annacis Island Bridge and South Fraser Perimeter Road(Highway 17),allows easy and quick access to Burnaby,New Westminster,North Delta,Surrey and Richmond. Unit composed of 4 bright and specious offices,one storage room,large presentation area and multiple purpose flex area.Features 11"ceilling, skylights,kitchenette,Bath and shower room,HVAC,and ample parking in front of Building.Ideal for a wide range of business uses,well maintained by original owner operating art studio.Don't miss the opportunity to own it! Call today! (id:63159)
Financing calculator
Estimate your monthly payment on the $699,000 asking price.
Financing details
- Monthly debt service
- $6,785
- Cash required at close
- $164,800
- 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 (2)
- Happy Break Cafe569m
- Morrison's Grill · 1658 Fosters Way782m
Parks (3)
- Toyota Park · 21860 Westminster Highway100m
- Fraserwood Park · 22020 Fraserwood Way362m
- McLean Neighbourhood Park · 22500 McLean Avenue726m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Westbound Westminster Hwy @ Hwy 91 Offramp | 254m | |
| Northbound Fraserwood Place @ Gordon Way | 257m | |
| Southbound Fraserwood Place @ Westminster Hwy | 266m | |
| Eastbound Hwy 91 Offramp @ Westminster Hwy | 357m | |
| Eastbound Westminster Hwy @ Hwy 91 Offramp | 400m | |
| Westbound Hwy 91 Onramp @ Westminster Hwy | 485m |
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All in Richmond →Frequently asked questions
What is the asking price for this business?
The asking price is $699,000.
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.