3880 NO 3 ROAD, Richmond, BC, Canada

COMM For Sale in West Cambie, Richmond

$4,300,000
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 both 2023 and 2024 is $130,000 per annum.
Address 3880 NO 3 ROAD, Richmond, BC, Canada
List Price $4,300,000
Type of Dwelling COMM
Area Richmond
Sub-Area West Cambie
Floor Area 18,212 Sq. Ft.
MLS® Number C8055448
Listing Brokerage Globus International Real Estate Inc.
Postal Code V6X 2C1
Zoning ZC1
Tax Amount $63,781
Tax Year 2023

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Garrett Chu PREC*

Globus International Real Estate Inc.

4227 W. River Rd. Delta B.C. V4K 1R9

Phone: 604-789-6405

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