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2711 Smith Street
Bridgeport RI Richmond V6X 2J3

$1,450,000
Industrial, Land Commercial

Status:
Active
Prop. Type:
Industrial, Land Commercial
MLS® Num:
C8075580
CBRE Limited is pleased to present an opportunity for an entry-level buyer to purchase a small-scale industrial zoned redevelopment site in the City Centre area of Richmond, in close proximity to Costco, River Rock Casino and the Bridgeport SkyTrain Station. Redevelopment Potential: This area is intended for medium-density, mid-rise commercial purposes including but not limited to hotel, office, retail, entertainment, etc. The City of Richmond permits a 1.2 FAR under the current IL Light Industrial zone with potential to rezone to commercial which would increase density to 2.0 FAR. Maximum building height is 25m. Possibility to acquire the adjacent sites increasing development site to 0.27 acres.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Industrial, Land Commercial
Subject Property Depth:
122'
Subject Property Width:
33'
Contiguous Spc:
0 sq. ft.
Minimum Divisible Area:
0 sq. ft.
Lot Area:
3,920.4 sq. ft.
Zoning:
Potential to Redevelop:
Small Scale Industrial Zoned Redevelopment Site, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
006887082
Taxes:
$12,430.64 / 2025
No
Water Rights:
No
Roof:
Potential to Redevelop:
Small Scale Industrial Zoned Redevelopment Site, No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by CBRE Limited
Data was last updated January 28, 2026 at 01:40 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.