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3880 No. 3 Rd 0.42 Acres of Commercial Land Offered at $4,300,000 CAD in Richmond, BC V6X 2C1
INVESTMENT HIGHLIGHTS
- Land is currently leased long term (67 remaining years) to the Radisson Hotel
EXECUTIVE SUMMARY
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. (36797935)
PROPERTY FACTS
| Price | $4,300,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.42 AC |
| Property Type | Land | ||
| Zoning | ZC1 - OCP designated for Urban Centre T5 | ||
| Price | $4,300,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.42 AC |
| Zoning | ZC1 - OCP designated for Urban Centre T5 |
1 LOT AVAILABLE
Lot
| Price | $4,300,000 CAD | Lot Size | 0.42 AC |
| Price Per AC | $10,284,866.89 CAD |
| Price | $4,300,000 CAD |
| Price Per AC | $10,284,866.89 CAD |
| Lot Size | 0.42 AC |
18,212 sq.ft lot with 148' of frontage along No. 3 Rd and across the street from Aberdeen Station on the Canada Line
1 1
Walk Score®
Very Walkable (75)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (81)
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3880 No. 3 Rd
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