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1711 Valmont Way

28,168 SF 100% Leased Industrial Building Richmond, BC V6V 1Y4 $8,347,190 USD ($296 USD/SF)

Executive Summary

Opportunity to acquire a multi unit non-strata building of 28,168 square foot on 1 acre of land that has over 300 feet of frontage. Located in a well established light industrial area just East of No 6 Rd & River Road. Fully leased and ideal for investors or for future owner-user when certain existing leases expire. Existing lease rents are below market allowing for significant income growth. Listing price is well below the BC Assessment value.

Property Facts

Price $8,347,190 USD
Price Per SF $296 USD
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Rentable Building Area 28,168 SF
No. Stories 1
Year Built 1979
No. Drive In / Grade-Level Doors 6

zoning

Zoning Code IL (Light Industrial)
IL (Light Industrial)
  • Listing ID: 34279612

  • Date on Market: 12/23/2024

  • Last Updated:

  • Address: 1711 Valmont Way, Richmond, BC V6V 1Y4

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