Main Photo: 1167 11871 Horseshoe Way in Richmond: Gilmore Industrial for sale : MLS®# C8078035
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Status:
Active
Prop. Type:
Industrial
MLS® Num:
C8078035
Build. Type:
Condo Strata Complex
Opportunity to acquire a well-located industrial strata unit in Richmond's established Horseshoe Way industrial corridor. The property comprises approximately 4,370 square feet of functional warehouse and office space and is currently leased to an established tenant, providing immediate income and investment stability. The property offers investors the opportunity to acquire a cash-flowing industrial asset in one of Metro Vancouver's most supply-constrained industrial markets. The existing lease generates attractive in-place income while providing future upside through lease rollover and market rent growth. Richmond continues to benefit from strong industrial fundamentals driven by its proximity to Vancouver International Airport, major transportation routes, and the Port of Vancouver. This opportunity is ideally suited for private investors, family offices, and industrial real estate buyers seeking stable income, long-term appreciation potential, and exposure to the highly desirable.
Sale Type:
Asset
Ownership:
Strata
Property Type:
Industrial
Commercial Type:
Industrial
Construction:
Mixed
Building Type:
Condo Strata Complex
Home Owners Association:
Yes
Year built:
1993 (Age: 33)
Living Area:
4,370 sq. ft.
Lot Area:
3,920.4 sq. ft.
Zoning:
IB1
Electricity:
No
Parcel Number:
018198422
Taxes:
$17,980.24 / 2025
No
Water Rights:
No
Env Assmt Phase:
No
Association Fee:
$398.76
Original Price:
$1,950,000
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Listed by RE/MAX Crest Realty
Data was last updated June 9, 2026 at 04:40 PM (UTC)
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