3880 NO. 3 ROAD
Richmond, British Columbia, V6X2C1
For Sale | $4,300,000
Key facts
- Property type: Vacant Land
- Transaction: For Sale
- Price: $4,300,000
- Lot size: 18212
- Listing key: 29495526
Listing overview
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 until 2091 (65 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 2026 is approx. class="container" id="details-container"35,783. (id:25314)
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