3880 No. 3 Road, Richmond, BC


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About 3880 No. 3 Road

Stable FREEHOLD INVESTMENT opportunity in a PRIME Richmond redevelopment area! 18,212 sq.ft lot across the street from Aberdeen Station on the Canada Line. OCP designated for high density as part of "Aberdeen Village" zoned for a wide range of uses. Land is currently leased long term (69 remaining years) to the Radisson Hotel. Essentially, you own the land, the tenant owns the building, and you assume the existing triple net lease (including multiple escalation clauses) providing a decent return on an undeniable redevelopment piece along Richmond's Golden Corridor. Approximately $130,000 of net annual income. Tenant is also subleasing part of the building to BMO. Inquire for full details.

Features of 3880 No. 3 Road

MLS® # C8048633
Price $4,980,000
Acres 0.42
Type Land – Commercial

Community Information

Address 3880 No. 3 Road
Subdivision West Cambie
City Richmond
Province BC
Postal Code V6X 2C1


Is Waterfront No

Additional Information

Zoning ZC1

Listing Details

OfficeThe Firm Real Estate Services Ltd.

Listing Map

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