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Main Photo: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
Photo 1: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
Photo 2: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
Photo 3: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
Photo 4: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
Photo 5: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
Photo 6: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8071413
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 2025 is approx. $135,000.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial
Subject Property Width:
148'
Lot Area:
18,295.2 sq. ft.
Acres Freehold:
18,295 sq. ft.
Acres Leasehold:
0 sq. ft.
Current Use:
Other
Zoning:
Potential to Redevelop:
OCP - Aberdeen Village Urban Village T5 up to 3.0 FSR, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Fully Serviced, Street Lighting
Sewer:
Public Sewer
Parcel Number:
017682550
Taxes:
$63,780.99 / 2023
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
OCP - Aberdeen Village Urban Village T5 up to 3.0 FSR, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
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  • Photo 2: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
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  • Photo 5: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
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  • Photo 6: 3880 No. 3 Road in Richmond: West Cambie Land Commercial for sale : MLS®# C8071413
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Listed by RE/MAX City Realty
Data was last updated August 17, 2025 at 09:40 PM (UTC)