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4380 No. 3 Rd 307 - 758 SF Condo Units Offered at $248,000 - $688,000 CAD Per Unit in Richmond, BC V6X 2C2
Investment Highlights
- Located within the popular Parker Place II commercial center
- Floor-to-ceiling windows provide maximum visibility and natural light
- 12-foot ceiling height enhances openness and design flexibility
Executive Summary
Located along a primary transit corridor, the property sits on an active bus route and is within walking distance of Canada Line and the Richmond city center, providing outstanding connectivity for customers and employees. Parker Place II is a well-established retail hub surrounded by dense residential neighborhoods and strong commercial activity, ensuring a steady flow of local shoppers and destination traffic. With no usage restrictions, this site presents an adaptable and convenient option for operators seeking a high-exposure retail presence in a dynamic urban setting.
3 Units Available
Unit 1420
| Unit Size | 758 SF | Condo Use | Retail |
| Price | $688,000 CAD | Sale Type | Owner User |
| Price Per SF | $907.65 CAD | APN/Parcel ID | 017-862-736 |
| Unit Size | 758 SF |
| Price | $688,000 CAD |
| Price Per SF | $907.65 CAD |
| Condo Use | Retail |
| Sale Type | Owner User |
| APN/Parcel ID | 017-862-736 |
Description
Suite 1420 is a ground-floor retail unit located within Parker Place at 4380 No. 3 Road in Richmond, British Columbia. The unit measures approximately 758 square feet and is positioned at the front of the shopping center with direct exposure to No. 3 Road. It offers two points of access: one from the mall interior and another from No. 3 Road, which allows for extended operating hours.
Sale Notes
Suite 1420 offers a highly visible ground-floor retail space within Parker Place, one of Richmond’s busiest shopping destinations. This 758-square-foot unit is positioned at the front of the mall with direct exposure to No. 3 Road, ensuring strong visibility and easy customer access. The space features dual entry points, one from the mall interior and another from No. 3 Road, allowing for extended operating hours and convenient after-hours access.
Unit 1620
| Unit Size | 308 SF | Condo Use | Office/Retail |
| Price | $248,000 CAD | Sale Type | Investment |
| Price Per SF | $805.19 CAD |
| Unit Size | 308 SF |
| Price | $248,000 CAD |
| Price Per SF | $805.19 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment |
Description
A 308 SF commercial unit within Parker Place II. It includes 12-foot ceilings and floor-to-ceiling windows. The unit is currently leased to a printing business on a month-to-month basis. The tenant has been in business for over 20 years and has occupied the space for more than six years. The property generates $1,300 plus GST monthly, reflecting a 3.2% net ROI.
Sale Notes
Why pay rent when you can own a piece of the popular Parker Place II, no usage restrictions. 12 ‘ceiling. 308 sf with floor-to-ceiling windows allowing maximum exposure of your product or just renovating with walls for privacy. good printer-tenant for over 6 years (been in business for over 20 yrs) paying $1,300 + GST /m, on month-to-month basis. 3.2 % Net ROI.
Unit 1705
| Unit Size | 307 SF | Condo Use | Retail |
| Price | $328,000 CAD | Sale Type | Investment |
| Price Per SF | $1,068.40 CAD | APN/Parcel ID | 018-422-489 |
| Unit Size | 307 SF |
| Price | $328,000 CAD |
| Price Per SF | $1,068.40 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| APN/Parcel ID | 018-422-489 |
Description
This retail unit within Parker Place II offers an efficient and open layout with a soaring 12-foot ceiling that maximizes design flexibility. Positioned on the east corner with frontage along Hazelbridge Way, the space benefits from exceptional visibility and significant vehicular and pedestrian traffic. The unit’s exposure and accessibility make it suitable for a variety of retail, service, or customer-focused uses.
Sale Notes
BEST CORNER UNIT WITH HIGH TRAFFIC PARKER PLACE II. OPEN LAYOUT, 12FT CEILING, 307 SF. UNIT FACES HAZELBRIDGE WAY FOR HIGH EXPOSURE. NO USAGE RESTRICTIONS. ON BUS ROUTE, WALKING DISTANCE TO CANADA LINE & CITY CENTRE.
Property Facts
| Total Building Size | 123,321 SF | Typical Floor Size | 123,321 SF |
| Property Type | Retail | Year Built | 1992 |
| Property Subtype | Storefront | Lot Size | 7.72 AC |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| Floors | 1 | ||
| Zoning | CL-1 - General Commercial | ||
| Total Building Size | 123,321 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 123,321 SF |
| Year Built | 1992 |
| Lot Size | 7.72 AC |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | CL-1 - General Commercial |
Amenities
- Bus Line
- Food Court
- Pylon Sign
Nearby Major Retailers
Presented by
4380 No. 3 Rd
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