Garrett Chu
This listing was posted on Garrett Chu (via ListedBuy).
$4,300,000
Commercial Land for sale in West Cambie, Richmond, Richmond, 3880 No 3 Road
Price:
$4,300,000
Summary:
2023
Location:
Richmond, QC
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 (68 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 both 2023 and 2024 is $130,000 per annum. Still available at ListedBuy!
Posted:
December 19 2023 on ListedBuy
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More About this Listing: Commercial Land for sale in West Cambie, Richmond, Richmond, 3880 No 3 Road
Commercial Land for sale in West Cambie, Richmond, Richmond, 3880 No 3 Road is a 2023 Vehicle for Sale in Richmond QC. Find other listings by searching for 2023 Cars and Vehicles in Sherbrooke on Oodle Classifieds.
Commercial Land for sale in West Cambie, Richmond, Richmond, 3880 No 3 Road is a 2023 Vehicle for Sale in Richmond QC. Find other listings by searching for 2023 Cars and Vehicles in Sherbrooke on Oodle Classifieds.