29-30 11151 Horseshoe Way

$2,890,000 |   MLS® Number  C8073391

Industrial for sale in Gilmore, Richmond, Richmond, 29-30 11151 Horseshoe Way, 224978460 | Realtylink.org

Industrial for sale

Year Built
1980
Floor Area
4,500 sqft
Gross Property Tax
$22,114.81 /year
Building Type
Warehouse
Building / Complex Name
Riverside Industrial Park
Zoning
IB1
# of Parking Spaces
4
Amenities
Air Conditioning, HVAC System, Visitor Parking, Washrooms Female/Male
Ceiling Height
14 ft
75

Rare opportunity to purchase 2 high-exposure, tenanted industrial strata units totaling approx. 4,500 sq.ft. in South Richmond’s Riverside Industrial Park, near No. 5 Rd and Steveston Hwy, behind Ironwood Mall. Currently leased to a dance academy with a $3/sq.ft. annual increase. Monthly net rent: Yr 1 - $7,125; Yr 2 - $8,250; Yr 3 - $9,375; Yr 4 - $10,500; Yr 5 - $11,625. Lease expires Aug 31, 2030. Corner/end units with 14' ceilings, 2 grade loading doors, IB1 zoning, great exposure along Horseshoe Way, and easy access to Hwy 91 & 99.