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10611 RIVER Drive
Bridgeport RI Richmond V6X 1Z2

$9,300,000
Industrial, Land Commercial

Main Photo: 10611 RIVER Drive in Richmond: Bridgeport RI Industrial for sale : MLS®# C8033431
Photo 1: 10611 RIVER Drive in Richmond: Bridgeport RI Industrial for sale : MLS®# C8033431
Photo 2: 10611 RIVER Drive in Richmond: Bridgeport RI Industrial for sale : MLS®# C8033431
Photo 3: 10611 RIVER Drive in Richmond: Bridgeport RI Industrial for sale : MLS®# C8033431
Status:
Active
Prop. Type:
Industrial, Land Commercial
MLS® Num:
C8033431
Build. Type:
Warehouse
An exclusive opportunity to acquire a 1-acre, riverfront development site with holding income, located on the north side of River Drive, just west of Shell Road, in the Bridgeport area of the City of Richmond. The location offers phenomenal views to the north, and quick, convenient access to the Bridgeport SkyTrain Station and the Oak Street Bridge. The property is well positioned next to the 20-acre, master-planned, Parc Riviera development to the west (http://parcriviera.com/) and traditional industrial uses east of Shell Road. Preliminary development application has been submitted for a 4-storey, 78-unit residential project. As an alternative, the current zoning also allows for industrial uses up to 1.00 FSR. Site offers good holding income and significant rental upside beyond the existing lease term (demo clause in place). Please click on the link to view brochure: http://properties.avisonyoung.com/docs/documents/1458861?token=2785e1b3c8e3afc5887516d31beeae17761d89f2
Sale Type:
Asset
Lease Type:
Net
Property Type:
Industrial, Land Commercial
Construction:
Concrete Block, Wood Frame
Building Type:
Warehouse
Total Floor Area:
20,800 sq. ft.
Land Use/Zoning:
IS
Taxes:
$90,606.34 / 2019
Water Supply:
Municipal
Env Assmt Phase:
Phase/Stage 2
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Gross Income:
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  • Photo 1: 10611 RIVER Drive in Richmond: Bridgeport RI Industrial for sale : MLS®# C8033431
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  • Photo 2: 10611 RIVER Drive in Richmond: Bridgeport RI Industrial for sale : MLS®# C8033431
    Photo 2 of 3
  • Photo 3: 10611 RIVER Drive in Richmond: Bridgeport RI Industrial for sale : MLS®# C8033431
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Listed by Avison Young
Data was last updated August 13, 2020 at 04:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.