3880 No 3 Road, Richmond

Lot Size Units: square feet
Lot Size Dimensions: 18212

Type: Lots and Land
Added: 3 weeks ago
Updated: 3 weeks ago
Last Checked: 1 week ago
Listed by: RE/MAX City Realty
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Listing description
This Vacant Lot at 3880 No 3 Road Richmond, BC with the MLS Number c8071413 listed by Garrett Chu - RE/MAX City Realty on the Richmond market 3 weeks ago at $4,300,000.

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 2025 is approx. $135,000. (id:1945)

Exterior & Lot Features Learn about the exterior and lot specifics of 3880 No 3 Road