3880 NO. 3 ROAD

3880 NO. 3 ROAD Richmond

$4,300,000
City:
Richmond
Prop. Type:
Vacant Land
MLS® Num:
N/A
Status:
N/A
Bedrooms:
0
Bathrooms:
0
Year Built:
0
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 (68 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 2024 is approx. $130,000.
Property Type:
Vacant Land
Total Floor Area:
N/A
Home Style:
N/A
Total Bedrooms:
0
Total Rooms:
N/A
Depth:
N/A
Total Baths:
0
Year Built:
0 (Age:2024 )
Frontage:
N/A
Construction:
N/A
Roof:
N/A
Parking:
N/A
Heating:
N/A
Heating fuel:
N/A
Water supply:
N/A
Fireplace fuel:
N/A
Fireplace Details:
N/A
Title to Land:
N/A
Sewer:
N/A
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Amit Bindra
  • City 2 City Real Estate Services Inc.
  • 202 9453 120st, Delta, BC V4C6S2
  • 778-564-3008
  • [email protected]