Industrial for Sale — Richmond, BC
$7,980,000
5/6/7 11191 HORSESHOE WAY, Richmond, BC V7A4S5
Property details
Structured details
- Zoning
- IB1
- Annual property tax
- $21,674.57 (2025)
- Lot dimensions
- 17746
- Security
- Alarm system
- Lot features
- Disabled Access
Listing Information
- MLS®
- C8078115
- Listed
- April 22, 2026
- Time on market
- 145 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Rare opportunity to acquire three contiguous industrial strata units in the highly desirable Horseshoe Way industrial area of South Richmond. Offered for sale together, Units 5, 6, and 7 combine for approximately 12,996 SF of warehouse space, plus an additional 4,750 SF of flexible mezzanine area that may be suitable for office conversion, subject to City of Richmond approval and licensing requirements. The premises feature functional and versatile warehouse layout, three loading docks, 20-foot clear ceiling height, and excellent accessibility for a wide range of industrial and business operations. Strategically located in Riverside Industrial Park with convenient access to Highway 99, Steveston Highway, the Richmond Connector, transit, and nearby amenities. IB1 zoning allows for a broad range of industrial and compatible business uses, making this an outstanding opportunity for owner-users, investors, or businesses seeking a centrally located Richmond industrial asset. (id:63159)
Financing calculator
Estimate your monthly payment on the $7,980,000 asking price.
Financing details
- Monthly debt service
- $77,456
- Cash required at close
- $1,621,000
- 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
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 $7,980,000.
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.