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5388 Parkwood Pl 40,321 SF 100% Leased Industrial Building Richmond, BC V6V 2N1 $15,725,210 USD ($390.00 USD/SF)

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INVESTMENT HIGHLIGHTS

  • 40,321 sq. ft. freestanding cold storage facility on 1.75 acres.
  • Fully built-out office space with turnkey improvements.
  • Located near Richmond Auto Mall with strong visibility and infrastructure.
  • Eight loading doors (four dock and four grade) and 26-foot clear height.
  • Exceptional access to Highway 91, Highway 99, and Knight Street Bridge.

EXECUTIVE SUMMARY

5388 Parkwood Place offers a rare opportunity to acquire a fully improved cold storage facility in Richmond’s thriving Northwest Cambie industrial district. This 40,321 sq. ft. freestanding building sits on 1.75 acres and is purpose-built for temperature-controlled operations, featuring two freezers, three coolers, and high-clearance ceilings designed to maximize vertical storage and operational efficiency. The property also includes a fully built-out office component with turnkey setup, providing a complete solution for food processing, storage, or distribution businesses.
The building is equipped with eight loading doors (four dock and four grade), a 26-foot clear ceiling height, and flexible IB zoning that accommodates a wide range of industrial uses, including storage, manufacturing, and warehousing. Designed by Christopher Bozyk Architects Ltd., the facility combines functionality with a professional image, making it ideal for both owner-users and investors seeking a high-quality asset in a prime location.
Strategically positioned adjacent to the Richmond Auto Mall and minutes from Highway 91, Highway 99, and the Knight Street Bridge, the property offers unparalleled connectivity to Vancouver International Airport, the Port of Vancouver, and the U.S. border. This location ensures efficient access to major transportation routes and a strong labor pool, making it a premier choice for businesses involved in logistics, distribution, and international trade.

PROPERTY FACTS

Price $15,725,210 USD
Price Per SF $390.00 USD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Food Processing
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 1.75 AC
Rentable Building Area 40,321 SF
No. Stories 2
Year Built 1990
Parking Ratio 0.99/1,000 SF
Clear Ceiling Height 26’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 4
Zoning IB-1 - Industrial

AMENITIES

  • Cooler
  • Freezer (Space)
  • Signage

UTILITIES

  • Lighting - Fluorescent
  • Listing ID: 38397476

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 5388 Parkwood Pl, Richmond, BC V6V 2N1

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