Arun Rahul Group

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3880 NO. 3 Road, Richmond
3880 NO. 3 Road, Richmond
3880 NO. 3 Road, Richmond
3880 NO. 3 Road, Richmond
3880 NO. 3 Road, Richmond
+1 more

3880 NO. 3 Road, Richmond, British Columbia

$4,300,000
0.4181
Acres

About 3880 NO. 3 Road

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:66920)

Key Features

  • Street Lighting

Payment Calculator

Estimated monthly payment
$20,110
/month · principal + interest

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Listing courtesy of Greater Vancouver REALTORS®.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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