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Investment Highlights

  • Situated on No. 3 Road in Richmond's busy Golden Village district, one of Metro Vancouver's premier Asian commercial hubs.
  • Features more than 150 retail stores, restaurants, and service businesses, attracting strong daily customer traffic.
  • Long-standing shopping centre operating since 1993 with a diverse tenant mix and strong community presence in Richmond's retail market.
  • Located within walking distance of Aberdeen Station on the Canada Line, providing convenient access to Richmond, Vancouver, and YVR Airport.
  • Offers abundant on-site parking, enhancing accessibility and convenience for shoppers and visitors.

Executive Summary

Parker Place Mall is a prominent retail and commercial shopping centre located at 4380 No. 3 Road in the heart of Richmond's Golden Village district. The property features over 150 retail stores, restaurants, and service-oriented businesses, making it one of the region's most established Asian shopping destinations. Opened in 1993, the centre offers approximately 61,000 square feet of commercial space and attracts a strong customer base from across Metro Vancouver. The property benefits from exceptional exposure along No. 3 Road, abundant on-site parking, and convenient access to the Aberdeen Canada Line SkyTrain Station. Its diverse tenant mix, popular food court, and high pedestrian traffic create a vibrant retail environment for businesses and investors alike.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1245
  • 509 SF
  • Retail
  • $450,000 CAD ($884.09 CAD/SF)
  • -
Sale Type Owner User
APN/Parcel ID 017-863-384
Description
Parker Place located in central Richmond within walking distance to Canada Line Skytrain station with plenty of free parking for customers. Here's a golden opportunity to own a great investment retail space with a stable tenant running a reputable business. Excellent exposure near the food court on the ground floor, tastefully updated and maintained with fully equipped security system. A spacious office and a storage room tucked in the back of the store. Well established healthcare related business with return of estimated 7%.
Sale Notes
Parker Place located in central Richmond within walking distance to Canada Line Skytrain station with plenty of free parking for customers. Here's a golden opportunity to own a great investment retail space with a stable tenant running a reputable business. Excellent exposure near the food court on the ground floor, tastefully updated and maintained with fully equipped security system. A spacious office and a storage room tucked in the back of the store. Well established healthcare related business with return of estimated 7%. Please do not disturb tenant. Showing with minimum 24 hours notice only
Unit Unit Size Condo Use Price NOI
Unit 1245 509 SF Retail $450,000 CAD ($884.09 CAD/SF) -

Unit 1245

Unit Size
509 SF
Condo Use
Retail
Price
$450,000 CAD ($884.09 CAD/SF)
NOI
-

Unit 1245

Unit Size 509 SF
Condo Use Retail
Price $450,000 CAD ($884.09 CAD/SF)
NOI -
Sale Type Owner User
APN/Parcel ID 017-863-384
Description
Parker Place located in central Richmond within walking distance to Canada Line Skytrain station with plenty of free parking for customers. Here&#39;s a golden opportunity to own a great investment retail space with a stable tenant running a reputable business. Excellent exposure near the food court on the ground floor, tastefully updated and maintained with fully equipped security system. A spacious office and a storage room tucked in the back of the store. Well established healthcare related business with return of estimated 7%.</li></ul>
Sale Notes
Parker Place located in central Richmond within walking distance to Canada Line Skytrain station with plenty of free parking for customers. Here&#39;s a golden opportunity to own a great investment retail space with a stable tenant running a reputable business. Excellent exposure near the food court on the ground floor, tastefully updated and maintained with fully equipped security system. A spacious office and a storage room tucked in the back of the store. Well established healthcare related business with return of estimated 7%. Please do not disturb tenant. Showing with minimum 24 hours notice only</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 123,321 SF
Property Type Retail (Condo)
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
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Exceptionally bikeable
90/100

Nearby Major Retailers

Anytime Fitness
Tim Hortons
H Mart
RBC Royal Bank
BMO
Chicko Chicken
TD Canada Trust
Scotiabank
T&T Supermarket
Earls
  • Listing ID: 41810187

  • Date on Market: 2026-08-19

  • Last Updated:

  • Address: 4380 No. 3 Rd, Richmond, BC V6X 2C2

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