BC
Richmond
V6X2C1
3880 NO. 3 Road
3880 NO. 3 Road, Richmond, BC V6X2C1
Listing Type
Lots/Land
Listing Status
active
6
$4,300,000

Home Details for 3880 NO. 3 Road

Price
$4,300,000
Type
Land
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Lot size acres
18212 sqft
Parking
Days on site
182
Listing #
27259413
Listing courtesy: RE/MAX City Realty
Property Description

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:31684)

Property Features
  • Fire Place
    • False
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EXIT REALTY ASSOCIATES
260 Champlain St, Dieppe, NB E1A 1P3
Nicole LeBlanc
Sales Rep.
Office
506-382-3948
Agent
506 381 2192
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