Industrial for Sale — Richmond, BC
$2,588,000
4 11191 HORSESHOE WAY, Richmond, BC V7A4S5
Property details
Structured details
- Zoning
- IB1
- Annual property tax
- $21,789.47 (2025)
- Strata/association fee
- $606.28/monthly
- Security
- Alarm system
- Lot features
- Levelers
Listing Information
- MLS®
- C8076628
- Listed
- March 2, 2026
- Time on market
- 196 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Flexible, functional, and strategically located, position your business in the heart of Riverside Industrial Park at 4-11191 Horseshoe Way. This IB1-zoned strata warehouse offers 5,522 SF total, including 1,189 SF of improved office space with two bathrooms, 3,144 SF of clear-span warehouse with 20' ceilings, full loading dock and above grade-level bay with dock leveler, plus kitchen/meeting area, and 1,189 SF of second-floor mezzanine space. Four parking stalls included with additional visitor parking available. IB1 zoning permits 25+ uses, providing exceptional flexibility for a broad range of businesses. Currently a vacant tenanted property offering versatility for both owner-users and investors. The existing tenant is open to early lease termination, presenting a strong opportunity for an owner-occupier seeking near-term possession. Alternatively, investors can secure stable income of $7,822.83 per month through February 2028, increasing to $8,052.92 per month until 2031. Easy to show! (id:63159)
Financing calculator
Estimate your monthly payment on the $2,588,000 asking price.
Financing details
- Monthly debt service
- $25,120
- Cash required at close
- $542,600
- 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+)
- Mama's Dumpling & Coffee212m
- Cora328m
- Westcoast Poke · 11666 Steveston Highway329m
- café de A · 11666 Steveston Highway333m
- Pho 37 · 11666 Steveston Highway353m
Cafes (5+)
- InBetween/Brunch346m
- Tim Hortons · Steveston Highway402m
- Bubble Waffle Cafe406m
- Starbucks496m
- The London Cafe · 12251 Horseshoe Way672m
Grocery (4)
- Exotic International Market · 11331 Coppersmith Way266m
- Bulk Barn305m
- Save-On-Foods · 11666 Steveston Highway324m
- Que Pasa Mexican Foods543m
Shopping (1)
- Canadian Tire295m
Parks (2)
- Lee Slough473m
- Horseshoe Slough734m
Gyms (4)
- Axé Capoeira Richmond · 150-11780 Hammersmith Way213m
- Club Pilates386m
- Wayland Sports Centre - Swimming & Gymnastics Club468m
- Anytime Fitness · 10880 Number 5 Road639m
Pharmacies (2)
- London Drugs · 11666 Steveston Highway394m
- Crescent Pharmacy Integrative Health Centre · 10880 Number 5 Road672m
Banks & ATMs (5+)
- Scotiabank · 11666 Steveston Highway326m
- Coast Capital Savings · 11660 Steveston Highway411m
- Scotiabank ATM422m
- TD · 11300 Steveston Highway435m
- CIBC · 11200 Number 5 Road474m
Healthcare (1)
- SnoreMD Sleep Apnea Clinic · 11720 Steveston Highway475m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Eastbound Coppersmith Way @ Coppersmith Place | 147m | |
| Southbound Horseshoe Way @ Blacksmith Place | 187m | |
| Northbound Hammersmith Way @ Silversmith Place | 233m | |
| Northbound Hammersmith Way @ Hammersmith Gate | 278m | |
| Eastbound Horseshoe Way @ No. 5 Rd | 299m | |
| Westbound Horseshoe Way @ No. 5 Rd | 320m |
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All in Richmond →Frequently asked questions
What is the asking price for this business?
The asking price is $2,588,000.
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.