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Investment Highlights

  • Dock & Grade Loading in South Richmond
  • Glazing allows natural light
  • Air conditioned second level offices

Executive Summary

The Property is located on Hammersmith Way in the prime Riverside Industrial Park area in South Richmond. The neighbourhood is home to numerous international headquarters and features a wide array of dining options, business services, daycares, parks and recreational amenities. The Property is strategically situated minutes away from the intersection of Steveston Highway and Highway 99 to Vancouver and the U.S. border crossing offering efficient travel to Metro Vancouver and YVR International Airport.

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2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 2105
  • 4,751 SF
  • Industrial
  • $1,807,577 USD ($380.46 USD/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 6
APN/Parcel ID 028612931
Description
Can be purchased together or separately with 2110. The unit consists of a ground floor and an upper floor, with a total area that includes a 26-foot clear ceiling height on the main floor. It features one dock-level loading door and one grade-level loading door. Occupancy requires approximately six months' notice.
Sale Notes
Located in the sought-after Riverside Industrial Park, Units 2105 and 2110 at 11980 Hammersmith Way offers a rare opportunity to acquire two front corner strata warehouse units with exceptional visibility and functionality. These units total approximately 9,148 SF and can be purchased together or individually. Each unit features dock and grade loading, 26-foot clear ceiling heights, improved office areas, and air-conditioned second-floor spaces.
This is an ideal acquisition for owner-users or investors seeking a high-quality industrial asset in one of Metro Vancouver’s most connected submarkets.
  • Unit 2110
  • 4,397 SF
  • Industrial
  • $1,672,913 USD ($380.47 USD/SF)
  • -
Sale Type Owner User
No. Parking Spaces 6
APN/Parcel ID 028612931
Sale Notes
This prime strata warehouse unit in South Richmond offers a well-balanced combination of functional industrial space and finished office areas. The unit features front parking with rear loading, maximizing operational efficiency and allowing accommodation for 40-foot containers. The second-level office space is air-conditioned and improved, complementing the warehouse’s 3-phase power and dual loading capabilities, which include one dock and one grade-level door. The property includes six private parking stalls and a designated rear loading area, along with one washroom on each floor. The unit spans a total of 4,397 square feet, with 3,145 square feet on the ground floor and 1,252 square feet on the upper level, and offers a clear ceiling height of 26 feet on the main floor. Unit 2110 will be available starting August 1, 2026, with a preferred closing date of January 2027.
Unit Unit Size Condo Use Price NOI
Unit 2105 4,751 SF Industrial $1,807,577 USD ($380.46 USD/SF) -
Unit 2110 4,397 SF Industrial $1,672,913 USD ($380.47 USD/SF) -

Unit 2105

Unit Size
4,751 SF
Condo Use
Industrial
Price
$1,807,577 USD ($380.46 USD/SF)
NOI
-

Unit 2110

Unit Size
4,397 SF
Condo Use
Industrial
Price
$1,672,913 USD ($380.47 USD/SF)
NOI
-

Unit 2105

Unit Size 4,751 SF
Condo Use Industrial
Price $1,807,577 USD ($380.46 USD/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 6
APN/Parcel ID 028612931
Description
Can be purchased together or separately with 2110. The unit consists of a ground floor and an upper floor, with a total area that includes a 26-foot clear ceiling height on the main floor. It features one dock-level loading door and one grade-level loading door. Occupancy requires approximately six months&#39; notice.</li></ul>
Sale Notes
Located in the sought-after Riverside Industrial Park, Units 2105 and 2110 at 11980 Hammersmith Way offers a rare opportunity to acquire two front corner strata warehouse units with exceptional visibility and functionality. These units total approximately 9,148 SF and can be purchased together or individually. Each unit features dock and grade loading, 26-foot clear ceiling heights, improved office areas, and air-conditioned second-floor spaces. <br> This is an ideal acquisition for owner-users or investors seeking a high-quality industrial asset in one of Metro Vancouver’s most connected submarkets.</li></ul>

Unit 2110

Unit Size 4,397 SF
Condo Use Industrial
Price $1,672,913 USD ($380.47 USD/SF)
NOI -
Sale Type Owner User
No. Parking Spaces 6
APN/Parcel ID 028612931
Sale Notes
This prime strata warehouse unit in South Richmond offers a well-balanced combination of functional industrial space and finished office areas. The unit features front parking with rear loading, maximizing operational efficiency and allowing accommodation for 40-foot containers. The second-level office space is air-conditioned and improved, complementing the warehouse’s 3-phase power and dual loading capabilities, which include one dock and one grade-level door. The property includes six private parking stalls and a designated rear loading area, along with one washroom on each floor. The unit spans a total of 4,397 square feet, with 3,145 square feet on the ground floor and 1,252 square feet on the upper level, and offers a clear ceiling height of 26 feet on the main floor. Unit 2110 will be available starting August 1, 2026, with a preferred closing date of January 2027.</li></ul>

Property Facts

The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 124,858 SF
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Showroom
Building Class B
Floors 2
Typical Floor Size 59,308 SF
Year Built 2009
Lot Size 1.38 AC
Parking Ratio 0.42/1,000 SF
Zoning IB1 - Industrial Business Park

Amenities

  • Fenced Lot
  • Signage
  • Skylights

Utilities

  • Lighting - Fluorescent
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 29067790

  • Date on Market: 7/21/2023

  • Last Updated:

  • Address: 11980 Hammersmith Way, Richmond, BC V7A 0A4

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