Active · Industrial · Richmond

29-30 11151 Horseshoe Way

Richmond, BC V7A4S5

$2,890,000

343 days on market

Bedrooms: 0
Bathrooms: 0
Floor area: 4,500 sq ft
Type: Industrial
Year built: 1980
Strata fee: $564.54/mo
Taxes: $22,114.81 (2025)
MLS®: C8073391

About this home

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.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$12,796

Strata fee$565

Property taxannual ÷ 12$1,843

Est. monthly total$15,204

Down payment + BC property transfer taxbefore any first-time buyer exemption$642,700

Illustration only — rates change daily. Adjust in the full calculator →

Listing courtesy of 1NE Collective Realty Inc. View on REALTOR.ca

Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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