For Sale · Industrial

15 12840 BATHGATE WAY, Richmond

15 12840 BATHGATE WAY, Richmond, BC V6V1Z4

$1.7M total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

92%

Year Built

1981

Clear height

27 ft

Loading docks

11

About this property

Rare Turnkey Opportunity in North Richmond! Secure a fully improved and professionally built-out seafood processing facility designed for businesses ready to establish or expand operations. Offered fully equipped, this exceptional facility features a complete seafood processing system, multiple commercial-grade water tanks, integrated filtration and circulation systems, dedicated drainage infrastructure, and temperature-controlled cold storage. The thoughtfully designed layout supports efficient production flow, sanitation, and day-to-day operations, helping minimize the time and cost typically required to build a specialized facility from the ground up. Additional improvements include a finished office area, dedicated wash stations, and designated sanitary zones. An outstanding opportunity for seafood processors, food manufacturers, wholesalers, and related businesses seeking a functional, purpose-built facility with significant infrastructure already in place. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.70M
Down payment30% · $509K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$88K

Annual cash flow

$-6K

Cash-on-cash

-1.20%

DSCR

0.94

Going-in cap

5.18%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

46,665

Households

16,867

Median income

$131,500

Median age

38.8

Daytime population

69,297

5-yr growth

1.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 15 12840 BATHGATE WAY, Richmond.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.