For Sale | Rarely Available Strip Mall / Development Site in Central Richmond

Rennie & Associates is pleased to offer a rare opportunity to acquire a strip mall plaza in the heart of Central Richmond - nestled in the heart of Aberdeen Village. The property, 4140 No. 3 Road, is prominently located directly adjacent to Aberdeen Canada Line Skytrain station, and offers unparalleled access to rapid transit, a wealth of neighboring amenities including the upscale Aberdeen Square and Aberdeen Centre shopping malls, and a growing number of surrounding residential and mixed-use developments.

4140 No. 3 Road is currently improved as a two (2) storey building - including ten (10) retail units and two (2) office units, while also providing robust on-site surface parking, accessible from No. 3 Road. While being mindful of the exceptional location, the opportunity also serves as a premier development opportunity.

PROPERTY DETAILS

ADDRESS: 4140 No. 3 Road, Richmond, BC

LAND USE DESIGNATION:

Aberdeen Village (2031) - Urban Centre T5:
Maximum Allowable Density (FAR/FSR): 3.0 FAR
Potential Village Centre Bonus: 1.0 FAR

Transit-Oriented Areas (TOAs):
Tier 1 encompasses a gross land area within 200m or less from rapid transit station.
Maximum Allowable Density (FAR/FSR): Up to 5.0

LOT SIZE: 25,801 SF

LOT DIMENSIONS (APPROX.): Frontage: 92 ft (No. 3 Road), Depth: 277 ft