3880 NO. 3 ROAD, Richmond, BC, V6X2C1

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$4,300,000
157 Days On Site

3880 NO. 3 ROAD
Richmond, BC V6X2C1

For Sale|Land|Active
County:
Call Now: 905-922-7920
Is this the home for you? We can help make it yours.
905-922-7920
3880 NO. 3 ROAD3880 NO. 3 ROAD3880 NO. 3 ROAD3880 NO. 3 ROAD
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Monthly Payment (Est.)

$19,618
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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)

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Listing Snapshot
Price 
$4,300,000
Days On Site 
157 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4181 Acres
Year Built 
N/A
MLS® Number 
C8062035
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
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Recent Activity
14 hours agoListing updated with changes from the MLS®
5 months agoListing first seen on site
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Listing courtesy of: Garrett Chu of RE/MAX City Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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