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:44056)

Property Details

Full Address:
3880 NO. 3 ROAD, Richmond, British Columbia
Price:
$ 4,300,000
MLS Number:
C8077201
List Date:
March 20th, 2026
Lot Size:
18212 sq.ft.
Taxes:
$ 63,781
Listing Tax Year:
2023

Interior Features

Interior Features:
Street Lighting

Building Features

Utilities:
Water
Zoning Detail:
ZC1
Taxes:
$ 63,781

Floors

Land

Lot Size:
18212 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Garrett Chu Personal Real Estate Corporation RE/MAX City Realty
604-789-6405
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Listing Agent(s)

Lead Agent: Garrett Chu
Office: RE/MAX City Realty
Originating Board: Greater Vancouver REALTORS®

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