View of front facade with asphalt driveway and an attached garage

$3,249,000

1520 Richmond Street, North Vancouver, BC V7J 1B2

MLS® C8078911

Description

Fully Leased. 3.5% Cap Rate Located in the heart of North Vancouver’s Lower Lynn industrial district, 1520 Richmond Street offers a rare opportunity to acquire an improved 6,398 SF industrial building on a 6,500 SF lot. Zoned EZ-I, the property features a high-ceiling warehouse, mezzanine storage, oversized grade-level loading (12’ x 12’), three offices, three washrooms (including one with a shower), a kitchen, and heavy power. With fenced parking and direct access to Highway 1 via the Ironworkers Memorial Bridge, this property is ideal for manufacturing, warehousing, servicing, or port-oriented users looking for a strategic location just steps from Phibbs Exchange and major retail amenities.

Property

Property type

Commercial Sale

Style

Industrial

Structure

Freestanding, Warehouse

Year built

1,988

Ownership

Freehold

Levels

2

Lot and parking

Lot size

6,534 sq ft

Costs

Annual property tax

$31,308

Tax year

2,024

Location

Area

North Vancouver

Neighbourhood

Lynnmour

Waterfront

No