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Investment Highlights

  • Functional layout featuring a professionally finished office and open warehouse area.
  • Three exclusive parking stalls included with the unit.
  • Exceptional access to Highway 99, Vancouver International Airport, and regional transportation routes.
  • Equipped with a grade-level loading door, accommodating efficient logistics.
  • Located within a modern Richmond business park with IB1 zoning.
  • Benefit from Metro Vancouver’s highly constrained industrial inventory and stable demand environment.

Executive Summary

The property features a modern and functional layout with a high-quality office buildout combined with open warehouse and storage space. A grade-level loading door and three dedicated parking stalls provide operational ease, meeting a variety of business needs. Zoned IB1 for broad light industrial and business operations, this asset sits within a professional business park that offers strong appeal to both owner-occupiers and investors seeking long-term stability in a high-demand market. Strategic connectivity is a core advantage, with Highway 99 just minutes away, offering seamless access to Vancouver’s central business districts, YVR International Airport, and the U.S. border. Positioned within a region known for its low vacancy and strong industrial fundamentals, this property delivers a rare combination of functionality, market security, and accessibility—making it a compelling investment in Metro Vancouver’s industrial landscape.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1125
  • 2,145 SF
  • Industrial
  • $749,430 USD ($349.38 USD/SF)
  • -
Sale Type Owner User
No. Parking Spaces 3
APN/Parcel ID 027-871-827
Sale Notes
This well-positioned industrial strata unit presents a compelling ownership opportunity in one of Metro Vancouver’s most supply-constrained industrial corridors. Located in Richmond’s established Ironwood district, the property combines functional efficiency with professional design, featuring a high-quality office buildout complemented by an open warehouse/storage area. Ownership is further supported by one grade-level loading door and three dedicated parking stalls, ensuring operational convenience for a variety of uses.
The property is part of a modern business park governed by IB1 Industrial Business Park zoning, which caters to a broad range of light industrial and business operations. Strategic connectivity is a noteworthy strength—Highway 99 is mere minutes away, providing quick transit to Vancouver’s core, YVR International Airport, and the U.S. border. Surrounded by a thriving commercial environment and robust infrastructure, this property offers both immediate functionality and long-term investment security.
Positioned within Metro Vancouver’s consistently high-demand, low-vacancy market, this strata unit exemplifies turnkey readiness and enduring value for owner-occupiers and investors alike.
Unit Unit Size Condo Use Price NOI
Unit 1125 2,145 SF Industrial $749,430 USD ($349.38 USD/SF) -

Unit 1125

Unit Size
2,145 SF
Condo Use
Industrial
Price
$749,430 USD ($349.38 USD/SF)
NOI
-

Unit 1125

Unit Size 2,145 SF
Condo Use Industrial
Price $749,430 USD ($349.38 USD/SF)
NOI -
Sale Type Owner User
No. Parking Spaces 3
APN/Parcel ID 027-871-827
Sale Notes
This well-positioned industrial strata unit presents a compelling ownership opportunity in one of Metro Vancouver’s most supply-constrained industrial corridors. Located in Richmond’s established Ironwood district, the property combines functional efficiency with professional design, featuring a high-quality office buildout complemented by an open warehouse/storage area. Ownership is further supported by one grade-level loading door and three dedicated parking stalls, ensuring operational convenience for a variety of uses.<br> The property is part of a modern business park governed by IB1 Industrial Business Park zoning, which caters to a broad range of light industrial and business operations. Strategic connectivity is a noteworthy strength—Highway 99 is mere minutes away, providing quick transit to Vancouver’s core, YVR International Airport, and the U.S. border. Surrounded by a thriving commercial environment and robust infrastructure, this property offers both immediate functionality and long-term investment security.<br> Positioned within Metro Vancouver’s consistently high-demand, low-vacancy market, this strata unit exemplifies turnkey readiness and enduring value for owner-occupiers and investors alike.</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 37,500 SF
Property Type Flex (Condo)
Property Subtype Showroom
Building Class B
Floors 1
Typical Floor Size 37,500 SF
Year Built 2009
Lot Size 2.95 AC
Zoning IB1 - Industrial Business Park

Amenities

  • Air Conditioning

Utilities

  • Water
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 40445438

  • Date on Market: 5/7/2026

  • Last Updated:

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

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