$4,300,000

3880 No. 3 Road, Richmond, British Columbia

0.42

Acres

C8077201

MLS® Number

62

Days on Website

For Sale

Listing Type

$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
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Days on Website 62

3880 No. 3 Road Details

Show Less

Construction and Lot

Has Basement No

Exterior of 3880 No. 3 Road

Type Vacant Land
Amenities Street Lighting

Interior

Fireplace No

Information

About in Richmond

Address 3880 No. 3 Road
City Richmond
Province British Columbia
Postal Code V6X2C1
Amenities Street Lighting
Office/Brokerage RE/MAX City Realty

Map, Demographics, Characteristics

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