Name: 3880 NO. 3 ROAD, Richmond | MLS® C8071413
SKU: c8071413
Price: 4300000.0 CAD
Availability: InStock

$4,300,000 Sale

Listed 5 days ago

3880 NO. 3 ROAD

MLS® c8071413 Vacant Land

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · -

Est. mortgage

$16,313/mo

Key Facts

Key facts for 3880 NO. 3 ROAD

Property Type

Lots/Land

Parking

Garage: No, 0 parking

MLS #

C8071413

Size

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

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. (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Full Bathrooms

Half Bathrooms

Exterior

Acreage

18212 sqft

Parking Spaces

Garage Spaces Y/N

Zoning Description

ZC1

Acreage

18212 sqft

Parking Spaces

Garage Spaces Y/N

Zoning Description

ZC1

Building Description

Home Type

Lots/Land

Subtype

Vacant Land

Home Type

Lots/Land

Subtype

Vacant Land

Community

Area Code

Richmond

Area Code

Richmond

Jason G Wong, MBA

Email: [email protected] Cell: 604-841-8339