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12 13520 CRESTWOOD Place
East Cambie Richmond V6V 2G3

$1,417,000
Industrial, Office

Main Photo: 12 13520 CRESTWOOD Place, Richmond - East Cambie
Photo 1: 12 13520 CRESTWOOD Place, Richmond - East Cambie
Photo 2: 12 13520 CRESTWOOD Place, Richmond - East Cambie
Photo 3: 12 13520 CRESTWOOD Place, Richmond - East Cambie
Status:
Active
Prop. Type:
Industrial, Office
MLS® Num:
C8060975
Build. Type:
Commercial Mix
Convenient location! Easy access to Bridgeport Road, Knight Street Bridge, Highway 99, and the Airport. 3 open parking spaces. 1669 Warehouse (Biolab Space) & 500 sqft Office. Well-maintained strata complex. Core Viking Way is a successful development consisting of four buildings with 153,000 square feet of quality commercial stratified space. The development features an excellent mix of unit sizes, with grade loading. CORE Viking Way offers a highly sought-after corporate/tech feel, spacious grounds with mature landscaping, and generous parking with rear loading. The square footage of units is approximate and should be confirmed by the purchaser. Unit#12 can be sold together with Unit#11. Both units are on court order for a quick sale!
Sale Type:
Asset
Construction:
Mixed
Building Type:
Commercial Mix, Warehouse
Year built:
1987 (Age: 37)
Total Floor Area:
2,161 sq. ft.
Office Size:
500 sq. ft.
Wrhse Size:
1,661 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
IB1
Taxes:
$10,822.64 / 2023
Env Assmt Phase:
Not Applicable
  • Photo 1: 12 13520 CRESTWOOD Place, Richmond - East Cambie
    Photo 1 of 3
  • Photo 2: 12 13520 CRESTWOOD Place, Richmond - East Cambie
    Photo 2 of 3
  • Photo 3: 12 13520 CRESTWOOD Place, Richmond - East Cambie
    Photo 3 of 3
Listed by RE/MAX City Realty
Data was last updated July 4, 2024 at 08:10 AM (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.