3880 No. 3 Road

Richmond, British Columbia V6X 2C1

  • 3880 No. 3 Road, Richmond, British Columbia  V6X 2C1 - Photo 1 - C8071413

    $4,300,000

  • 3880 No. 3 Road, Richmond, British Columbia  V6X 2C1 - Photo 2 - C8071413

    $4,300,000

  • 3880 No. 3 Road, Richmond, British Columbia  V6X 2C1 - Photo 3 - C8071413

    $4,300,000

  • 3880 No. 3 Road, Richmond, British Columbia  V6X 2C1 - Photo 4 - C8071413

    $4,300,000

  • 3880 No. 3 Road, Richmond, British Columbia  V6X 2C1 - Photo 5 - C8071413

    $4,300,000

  • 3880 No. 3 Road, Richmond, British Columbia  V6X 2C1 - Photo 6 - C8071413

    $4,300,000

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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 2025 is approx. $135,000. (id:45055)

  • Property Details
    MLS® Number C8071413
    Property Type Vacant Land
    FarmType Other
  • Building
    Amenities Street Lighting
  • Land
    Acreage No
    SizeIrregular 18212
    SizeTotal 18212 Sqft
    SizeTotalText 18212 Sqft
    ZoningDescription Zc1
  • Rooms
  • Utilities
    Water At Lot Line