604-692-1437
8221-8331 River Rd, Richmond, BC for Sale
Industrial - FOR SALE
1/5
null | Request Cap Rate

8221-8331 River Rd
Richmond, BC V6X 1Y1


HIGHLIGHTS

  • 1.58-acre waterfront property and marina facility in Richmond.
  • Freehold interest in land with two multi-tenant commercial buildings, as well as leasehold interest in two water lots and the operating marina
  • Located within 400 metres of public transit and the TOA designated area.
  • An irreplaceable asset with significant holding income and repositioning potential.
  • Upside potential in existing income from slip rental revenues and commercial tenancies.

OVERVIEW

1.58-acre Waterfront Property and Marina Facility at the gateway of Richmond. Showcasing a premier investment opportunity, the Vancouver Marina features a 1.58-acre waterfront development property along with a 5.65-acre fully serviced marina at the gateway to Richmond. This property boasts unparalleled exposure, secure cash flow, and significant repositioning potential. Truly a once-in-a-lifetime opportunity, this site embodies a strategic investment in one of the region’s most coveted locations. The Property falls within close proximity to three (3) Rapid Transit Stations (Bridgeport, Aberdeen and the new Capstan Station) and is within 400m, which suggests redevelopment potential up to 12 storeys and 4.0 FSR. The Property is improved with two (2) freestanding commercial buildings, and 166 berth marina with gas barge and ancillary services. The Property has received substantial capital improvements over the past 5 years. For more details on this offering, please contact the listing brokers.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vancouver Marina

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.58

LAND SF

68,825

ZONING

(MA1)

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mahsa BanaeiColliersMore Info
604-692-1437

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Mahsa BanaeiColliersMore Info
604-692-1437

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.