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1,2,3 2900 SMITH Street
Bridgeport RI Richmond V6X 2Z6

$5,500,000
Industrial, Office

Main Photo: 1,2,3 2900 SMITH Street, Richmond - Bridgeport RI
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Status:
Active
Prop. Type:
Industrial, Office
MLS® Num:
C8061456
Build. Type:
Warehouse
FOR SALE AND FOR LEASE!!! Rare opportunity to purchase high exposure 3 units located near Bridgeport Canada Line Station, Costco, No. 3 Road and YVR in Richmond. The property features ample windows allowing for natural daylight, recently updated showroom and mezzanine, Second floor office space with washroom, 20 ft. clear ceiling heights. Self-managed complex and allows various business uses
Sale Type:
Asset
Construction:
Concrete Block
Building Type:
Warehouse
Year built:
1976 (Age: 48)
Total Floor Area:
6,224 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
IL
Taxes:
$33,077.33 / 2023
# Loading Doors:
3
Ceiling Height:
21'
Services Connected:
Fully Serviced
Water Supply:
Municipal
Power Type:
Three Phase
Sewer Septic:
Municipal/Community
Env Assmt Phase:
Not Applicable
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Listed by Century 21 In Town Realty
Data was last updated November 23, 2024 at 11:10 PM (UTC)
AMAR SHAN
DANA BALAN
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Navigating Commercial Real Estate Landscape in Vancouver, BC

Vancouver, BC, stands as a beacon of economic prosperity and cultural diversity, drawing businesses and investors alike to its dynamic commercial real estate market. In this article, we’ll delve into the thriving commercial landscape of Vancouver, exploring key trends, popular sectors, and the factors contributing to the city’s robust real estate sector. Whether you’re an entrepreneur seeking the perfect storefront or an investor eyeing the stability and growth potential of Vancouver’s commercial market, the opportunities are as diverse as the properties themselves. Explore BC commercial properties, especially in Vancouver, and discover a landscape ripe for business success and investment ventures.

Diverse Commercial Sectors

Vancouver’s commercial real estate market spans a diverse array of sectors, catering to the multifaceted needs of businesses. From vibrant retail spaces in bustling neighborhoods like Gastown to sleek office towers in the central business district, the city offers a spectrum of opportunities. The industrial sector, particularly in areas like Mount Pleasant, has also witnessed significant growth, driven by the rise of tech companies and creative industries.

Tech Hub and Innovation

As a burgeoning tech hub, Vancouver has become a magnet for innovative companies seeking prime office spaces to foster creativity and collaboration. The city’s strategic location, coupled with its quality of life, has attracted major players in the tech industry, contributing to the demand for modern, adaptable office spaces.

Green Initiatives and Sustainability

Vancouver places a strong emphasis on sustainability, influencing its commercial real estate landscape. The city’s commitment to green building practices has led to a surge in environmentally conscious developments. LEED-certified buildings and energy-efficient spaces have become integral components of the commercial market, appealing to businesses with a focus on sustainability.

Challenges and Opportunities

Despite its robustness, Vancouver’s commercial real estate market is not without challenges. Limited available space in key areas and rising property values pose obstacles for businesses seeking prime locations. However, this scarcity has also spurred innovative projects, such as mixed-use developments that seamlessly blend residential and commercial spaces.

Investment Appeal

Investors are drawn to Vancouver’s commercial real estate market for its stability and long-term growth potential. The city’s strategic geographical location, strong economic fundamentals, and commitment to innovation create an attractive environment for those looking to diversify their portfolios.

Conclusion: Vancouver, BC Commercial Properties

Vancouver’s commercial real estate landscape continues to evolve, shaped by economic trends, sustainability initiatives, and the city’s commitment to innovation. Whether you’re a local business looking to expand or a global investor seeking lucrative opportunities, Vancouver’s dynamic and diverse commercial real estate market provides a wealth of possibilities.