4700 No 3 Rd - Office FOR SALE


Richmond, BC V6X 4A8
$19,500,000 CAD
604-314-5772
4700 No 3 Rd, Richmond, BC for Sale
$19,500,000 CAD
Office - FOR SALE
1/7
null | Request Cap Rate

4700 No 3 Rd
Richmond, BC V6X 4A8


HIGHLIGHTS

  • Proposed Restaurant (90 seats)
  • Proposed Lounge (50 seats)
  • Proposed Retail space (+/- 6,000 sf)
  • Proposed Lobby work stations

OVERVIEW

OPPORTUNITY This offering allows an investor or developer the opportunity to acquire a prime development site for a 181room hotel, or alternatively, to enter into a 50/50 joint venture with the landowners for co-development of the hotel project. The site is strategically located with excellent transit options, shopping, services, and amenities. Furthermore, it is situated in a market with limited supply, leading to increasing nightly rates and promising future business and development prospects. Exceptional location on transit within proximity to Richmond City Centre, Vancouver City Centre and Vancouver International Airport Unique opportunity to acquire a 23,322 square foot hotel development site in a premier location, supported by a positive 2023 HVS Feasibility Study (available in secure data room. Contact listing agents)

FOR SALE DETAILS

PRICE

$19,500,000 CAD

PRICE/SF

$265 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Landmark

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

10

BUILDING CLASS

A

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

107

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,322 SF

ZONING

CA

APN/PARCEL ID

003795705

ASK ABOUT THIS PROPERTY

Bijan LaljiAvison YoungMore Info
604-314-5772

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Bijan LaljiAvison YoungMore Info
604-314-5772

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.