Commercial Land for sale

7200 No. 3 Road, Brighouse South, Richmond

$8,580,000 or
$8,580,000 or

Commercial Land for sale

7200 No. 3 Road, Brighouse South, Richmond

Features

Lifestyle
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Lot Size
14,015 sqft
Gross Property Tax
$36,614.20 /year
Zoning
CGI CA
Permitted Land Use
Other
Water Supply
Municipal
Sewer/Septic
Municipal/Community
90

Description

RARE OPPORTUNITY to own 1/3 acre of Prime Land in the Heart of Richmond Town Centre. This High Visibility Location is located on the corner of No. 3 Road w/car access to the south, off Bennett Rd. The property is zoned Industrial-Commercial (CG1 & CA) with Rezoning to Permit Commercial uses. Building & grounds are prime. Superior Demographics as this area is surrounded by Retail Services plus high and low density residential housing. Many options for this property - Holding and Future Redevelopment Potential make this a Huge Asset in anyone’s Portfolio. Potential 1.5FSR 5 Story Rental Building, which could bring in over $700,000 rent income yearly.
MLS® Number C8054450

Listing REALTOR®

Bruce Li, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Bruce Li

REALTOR®, Personal Real Estate Corporation

RE/MAX Westcoast

RE/MAX Westcoast,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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