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3880 No 3 Road Richmond, British Columbia V6X 2C1


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 (68 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 both 2023 and 2024 is $130,000 per annum. (id:53535)

Property Details

MLS® Number C8055448
Property Type Vacant Land
Farm Type Other


Amenities Street Lighting


Acreage No
Size Irregular 18212
Size Total 18212 Sqft
Size Total Text 18212 Sqft
Zoning Description Zc1


Water At Lot Line


Contact us for more information

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Garrett Chu
Personal Real Estate Corporation

(604) 789-6405

Globus International Real Estate Inc.
4227 River Road West
Delta, British Columbia V4K 1R9

(604) 653-8807

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