West Cambie · Richmond · BC
3880 No. 3 Road
Land · For sale
Asking
$4,300,000
MLS® C8077201
- Lot
- 18,295.2 sqft
The property
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 until 2091 (65 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 2026 is approx. $135,783.
Facts & features
Costs
- Gross taxes (2023)
- $63,781
The property
- Title
- Freehold
- Zoning
- ZC1
Listing details
- Listing agent
- Garrett Chu PREC*
Listed by RE/MAX City Realty
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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.
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