3880 No. 3 RD, Richmond, BC V6X 2C1
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3880 No. 3 RD, Richmond, BC V6X 2C1
3880 No. 3 RD, Richmond, BC V6X 2C1
3880 No. 3 RD, Richmond, BC V6X 2C1
3880 No. 3 RD, Richmond, BC V6X 2C1
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Darell Pinazo

Darell Pinazo

+1(778) 859-8058
$ 4,300,000
Est. payment /mo
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3880 No. 3 RD Richmond, BC V6X 2C1

0.42 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type Asset

MLS Listing ID C8077201

Lot Size 0.420 Acres

Property 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 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.

Location

Province BC

Community West Cambie

Area Richmond

Zoning ZC1

Exterior

Utilities Available Fully Serviced, Street Lighting

Building

Sewer Public Sewer

Water Public

Others

Ownership Freehold

REBGV/FVREB/Chilliwack (Commercial VOW)
Darell Pinazo

Darell Pinazo

Agent

+1(778) 859-8058

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3880 No. 3 RD

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