$4,300,000

3880 NO. 3 ROAD

Richmond, British Columbia V6X2C1

For sale
18212 sqft

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. $135,000. (id:58554)

Overview

Property TypeVacant Land
TransactionFor sale
MLSยฎC8077201

Building

Land & Parking

Lot Size18212 sqft
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Listing Agent

Garrett Chu

Garrett Chu

Personal Real Estate Corporation

๐Ÿ“ž (604) 789-6405

๐ŸŒ http://garrettchu.com/

Brokerage

RE/MAX City Realty

5090 48th Avenue

Delta, British Columbia V4K1V8

๐Ÿ“ž (604) 943-8080

Contact Us

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