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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
- Located along Richmond’s Golden Corridor with 148 feet of frontage on No. 3 Road.
- OCP designation allows for high-density development up to 3.0 FSR under Aberdeen Village Urban Centre T5.
- Projected net income of approximately $135,000 in 2026 under an existing triple net lease structure.
- Directly across from Aberdeen Station on the Canada Line, ensuring strong transit connectivity.
- Long-term ground lease in place with Radisson Hotel and partial sublease to BMO, providing stable income.
Executive Summary
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 |
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.
Description
The property consists of an 18,212-square-foot parcel located on No. 3 Road in Richmond, British Columbia. It is situated across from Aberdeen Station on the Canada Line and falls within the Aberdeen Village Urban Centre T5 designation under the Official Community Plan, which permits high-density development up to 3.0 FSR. The site is currently subject to a long-term ground lease with approximately 65 years remaining, leased to the Radisson Hotel and partially sublet to BMO. The property is zoned for a range of commercial uses and is located in a high-traffic corridor with access to major transportation routes and proximity to Vancouver International Airport.
Presented by
3880 No. 3 Rd
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