Richmond, BC V6X2C1 3880 NO. 3 ROAD

$4,300,000

3880 NO. 3 ROAD Richmond, BC - Image 13880 NO. 3 ROAD Richmond, BC - Image 23880 NO. 3 ROAD Richmond, BC - Image 3
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Presented By: RE/MAX City Realty
  • MLS# C8062035
  • 08/07/2024
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Home Details

Stabilized FREEHOLD INVESTMENT opportunity along Richmond's Golden Corridor! 18,212 sq.ft lot with 148' of frontage along No. 3 Rd and across the street from Aberdeen Station on the Canada Line. OCP designated for high density (up to 3.0 FSR) as part of "Aberdeen Village Urban Centre T5", zoned for a wide range of COMMERCIAL uses. Land is currently leased long term (67 remaining years) to the Radisson Hotel and partially subletted to BMO. Purchaser to assume the existing triple net lease (including multiple escalation clauses) providing a stable return while owning a prime parcel for future redevelopment. The yearly net income for 2024 is approx. $130,000. (id:7434)
Presented By: RE/MAX City Realty

Interior Features for 3880 NO. 3 ROAD

Other Interior Features

Building Fireplace PresentFalse

General for 3880 NO. 3 ROAD

Building AmenitiesStreet Lighting
FarmTypeOther
Property TypeVacant Land
Zoning DescriptionZC1

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $4,300,000
MLS#C8062035
List Date 08/07/2024
Property Type Land
Phone 403.608.2191
Request Tour
Request Info
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