3880 NO. 3 ROAD
18,212 sq ft lot.
- Lot sq ft
- 18,212
Land · Listed 7 months ago · MLS® C8077201
About this home
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. (id:67498)
Details
- MLS® number
- C8077201
- Property type
- Land
- Status
- Active
- City
- Richmond
- Lot size
- 18212 square feet
- Annual taxes
- $63,781 (2023)
- Zoning
- ZC1
Location
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