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3880 No 3 Road, in Richmond, BC
This is a Vacant Land Listing.
3880 No 3 Road, in Richmond
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:6289)
$4,300,000
3880 No 3 Road, Richmond, British Columbia
Essential Information
- MLS® #C8055448
- Price$4,300,000
- Bathrooms0.00
- Acres0.42
- TypeVacant Land
- Days on Website181
Amenities
- AmenitiesStreet Lighting
- UtilitiesWater
Community Information
- Address3880 No 3 Road
- CityRichmond
- Postal CodeV6X2C1
Listing Details
- Listing OfficeGlobus International Real Estate Inc.