3880 NO. 3 ROAD, Richmond - Listing C8062035
Discover this stunning N/A for sale at 3880 NO. 3 ROAD, Richmond. Listed as C8062035, this property offers a prime opportunity in Vancouver real estate. Explore the details below and contact us to learn more about this home for sale.
3880 NO. 3 ROAD, Richmond
Listing MLS® C8062035Property 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 (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:62865) This Vacant Land is a prime real estate listing in Richmond, perfect for buyers seeking a home for sale in a vibrant neighborhood.
Property Basics:
Price: $4,300,000
Land Details:
Lot Size Area: 18212 square feet
Acreage: No
Additional Details:
Fireplaces:
Area: Greater Vancouver
Listing MLS®: C8062035
Real Estate Board: Greater Vancouver REALTORS®
Status: Active
Property Taxes: $63,781 (2023)
Property Address in Richmond:
Street: 3880 NO. 3 ROAD
Province: British Columbia
City: Richmond
Postal Code: V6X2C1
Suburb: Gilmore
Listing By: RE/MAX City Realty
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Call Joe Manhas for more info 604-720-0438