$4,300,000 |
Richmond
for Sale at 3880 No. 3 Road 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 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. $135,783. (id:6289)
Financial and Mortgage
| List Price |
$4,300,000
|
| Original Price |
$4,300,000
|
| Monthly Payment |
$17,930/month
Get Prequalified
|
| Days on Website |
62
|
3880 No. 3 Road Details
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Exterior of 3880 No. 3 Road
| Type |
Vacant Land
|
| Amenities |
Street Lighting
|
Information
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Map, Demographics, Characteristics
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