Captain Vancouver

For Sale

MLS# C8062035
3880 NO. 3 ROAD, Richmond BC V6X2C1
$4,300,000

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Ian Brett

Phone: (604) 968-7539
ian@captainvancouver.com

 
Property Details
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 2024 is approx. $130,000-135,000. (id:5347)
Property Value: $4,300,000 Living Area: Array sq.ft.
Year Built: Bedrooms: 0
House Type: Bathrooms: 0
Property Type: Vacant Land Owner Type:
Amenities: Street Lighting
Added to MLS: 2025-04-22 12:41:02
 

Listing Provided By:
MLS Reciprocity   Garrett Chu | RE/MAX City Realty
Contact Ian Brett to schedule a viewing or provide more details.
Call 604 YOUR KEY that's (604) 968-7539 or email Ian@CaptainVancouver.com
 
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The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate brokerages are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2014 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.