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Investment Highlights

  • Situated within Rivers-Reach Business Park in North Richmond’s industrial corridor.
  • Two dedicated parking stalls included with the unit.
  • Quick access to Highway 91, No. 6 Road, YVR Airport, and major Metro Vancouver routes.
  • Located in one of Richmond’s most established industrial strata developments offering strong tenant mix and excellent transportation connectivity.

Executive Summary

Unit 123, 1999 Savage Road is an industrial strata property located within Rivers-Reach Business Park in North Richmond, British Columbia. The site lies just east of No. 6 Road and River Road, offering proximity to Highway 91 and regional transport corridors. The area is a well-established industrial zone with multiple distribution and service-oriented operations benefiting from direct access to Vancouver International Airport and Greater Vancouver.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 123
  • 1,500 SF
  • Industrial
  • $688,631 USD ($459.09 USD/SF)
  • -
Sale Type Owner User
APN/Parcel ID 027-352-048
Description
This 1,500 sq. ft. Warehouse, A rare chance to acquire a fully leased industrial unit in Rivers-Reach Business Park, one of North Richmond's most desirable and strategically positioned commercial hubs.
Sale Notes
Presenting an exceptional investment opportunity in Rivers-Reach Business Park, one of North Richmond’s most established and accessible industrial hubs. This 1,500-square-foot strata warehouse unit is offered fully leased, providing investors with secure cash flow of $4,300 per month through an active lease extending until August 31, 2026. The property includes two designated parking stalls and features a clean, low-maintenance interior suited for a range of light industrial uses.
Strategically located just east of No. 6 Road and River Road, the site offers direct connectivity to Highway 91, ensuring rapid access to Vancouver International Airport, Downtown Vancouver, and major regional trade corridors. This location appeals to both logistics and e-commerce businesses due to its proximity to core distribution routes. Rivers-Reach Business Park is recognized for stability, functionality, and strong surrounding tenant profiles, enhancing long-term value for owners and investors alike.
This property is ideal for passive investors seeking predictable rental income in a high-demand submarket or for an owner-user planning ahead for future occupancy. Motivated seller invites offers.
Unit Unit Size Condo Use Price NOI
Unit 123 1,500 SF Industrial $688,631 USD ($459.09 USD/SF) -

Unit 123

Unit Size
1,500 SF
Condo Use
Industrial
Price
$688,631 USD ($459.09 USD/SF)
NOI
-

Unit 123

Unit Size 1,500 SF
Condo Use Industrial
Price $688,631 USD ($459.09 USD/SF)
NOI -
Sale Type Owner User
APN/Parcel ID 027-352-048
Description
This 1,500 sq. ft. Warehouse, A rare chance to acquire a fully leased industrial unit in Rivers-Reach Business Park, one of North Richmond&#39;s most desirable and strategically positioned commercial hubs.</li></ul>
Sale Notes
Presenting an exceptional investment opportunity in Rivers-Reach Business Park, one of North Richmond’s most established and accessible industrial hubs. This 1,500-square-foot strata warehouse unit is offered fully leased, providing investors with secure cash flow of $4,300 per month through an active lease extending until August 31, 2026. The property includes two designated parking stalls and features a clean, low-maintenance interior suited for a range of light industrial uses.<br> Strategically located just east of No. 6 Road and River Road, the site offers direct connectivity to Highway 91, ensuring rapid access to Vancouver International Airport, Downtown Vancouver, and major regional trade corridors. This location appeals to both logistics and e-commerce businesses due to its proximity to core distribution routes. Rivers-Reach Business Park is recognized for stability, functionality, and strong surrounding tenant profiles, enhancing long-term value for owners and investors alike.<br> This property is ideal for passive investors seeking predictable rental income in a high-demand submarket or for an owner-user planning ahead for future occupancy. Motivated seller invites offers.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 81,799 SF
Property Type Industrial (Condo)
Property Subtype Warehouse
Building Class B
Floors 2
Typical Floor Size 20,449 SF
Year Built 2007
Lot Size 7.40 AC
Parking Ratio 2/1,000 SF
Zoning I-2 - General Industrial Zoning.

Amenities

  • 24 Hour Access
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
  • Listing ID: 41193630

  • Date on Market: 7/7/2026

  • Last Updated:

  • Address: 1999 Savage Rd, Richmond, BC V6V 3A9

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