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Richmond manufacturing facility sold for $13M

The 4.40-acre property includes a 36,200-square-foot industrial building
done deal
 
A manufacturing facility in Richmond has sold for $13 million, Avison Young and Colliers International has announced. 
 
The 4.40-acre site includes a 36,200-square-foot facility. The site is zoned for industrial use and was listed for $14.9 million. The property has an assessed value of $10 million. Avison Young and Colliers International both represented the vendor on this sale. 
 
The property is located at 16160 River Rd., Richmond. 
 

Breakdown: 

 
Price: $13,000,000
Lot Size: 4.40 acres
Property Type: Industrial 
Zoning: IL 
2018 B.C. Assessment Value: $10,003,000
Date of Sale: 05/29/2019 
City: Richmond  
Province: B.C. 
Name of Brokerage: Avison Young / Colliers International 
 

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