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12200 Riverside Way
Gilmore Richmond V6W 1K5

$11,880,000
Industrial, Office

View of property with uncovered parking
Photo 1: 12200 Riverside Way, Richmond
Photo 2: 12200 Riverside Way, Richmond
Photo 3: 12200 Riverside Way, Richmond
Photo 4: 12200 Riverside Way, Richmond
Photo 5: 12200 Riverside Way, Richmond
Photo 6: 12200 Riverside Way, Richmond
Photo 7: 12200 Riverside Way, Richmond
Photo 8: 12200 Riverside Way, Richmond
Photo 9: 12200 Riverside Way, Richmond
Photo 10: 12200 Riverside Way, Richmond
Status:
Active
Prop. Type:
Industrial, Office
MLS® Num:
C8072165
Build. Type:
Freestanding
An Exceptional Investment Opportunity in Central Richmond! This rare offering presents a standalone premium industrial property featuring an existing 16,076 SQFT structure with approved plans for an additional 13,378.5 SQFT expansion—with the building permit ready to be issued. The property is designed for versatility, accommodating one or two businesses. Key features include: Commercial kitchen rough-in Partial cannabis processing setup High-end office space Showroom Banquet hall Strategically located in central Richmond, it provides quick access to Highway 99 and Steveston Highway, ensuring excellent connectivity for business operations. This is an exceptional and uncommon opportunity to secure a flexible, high-value asset in one of Richmond’s most sought-after locations.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Industrial, Office
Commercial Type:
Industrial
Construction:
Concrete
Building Type:
Freestanding
Year built:
2004 (Age: 21)
Living Area:
16,076 sq. ft.
Mezzanine Size:
2,243 sq. ft.
Lot Area:
41,817.6 sq. ft.
Zoning:
Potential to Redevelop:
Additional 13,378.5 SQFT construction, BP ready., No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
Yes
Services Connected:
Cable Connected, Electricity at Lot Line, Electricity Connected, Natural Gas Connected, Phone Connected
Sewer:
Public Sewer
Env Assmt Comment:
Yes
Parcel Number:
026021447
Taxes:
$91,942.7 / 2025
Mezzanine, Washrooms Female/Male
No
Security System
# Docks:
1
# Grade Doors:
1
Ceiling Height:
24'
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Additional 13,378.5 SQFT construction, BP ready., No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 12200 Riverside Way, Richmond
    View of property with uncovered parking
  • Photo 2: 12200 Riverside Way, Richmond
    View of property
  • Photo 3: 12200 Riverside Way, Richmond
    View of building exterior
  • Photo 4: 12200 Riverside Way, Richmond
    View of property
  • Photo 5: 12200 Riverside Way, Richmond
    View of garage
  • Photo 6: 12200 Riverside Way, Richmond
    View of below grade area
  • Photo 7: 12200 Riverside Way, Richmond
    Empty room with rail lighting and light tile patterned floors
  • Photo 8: 12200 Riverside Way, Richmond
    View of garage
  • Photo 9: 12200 Riverside Way, Richmond
    View of garage
  • Photo 10: 12200 Riverside Way, Richmond
    View of property
Listed by RE/MAX City Realty
Data was last updated September 14, 2025 at 09:40 PM (UTC)
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