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$ 1,450,000
Est. payment | /mo
3,920 Sqft Lot
$ 1,450,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type Asset
MLS Listing ID C8075580
Lot Size 3,920 Sqft
Property Description
CBRE Limited is pleased to present an opportunity for an entry-level buyer to purchase a small-scale industrial zoned redevelopment site in the City Centre area of Richmond, in close proximity to Costco, River Rock Casino and the Bridgeport SkyTrain Station. Redevelopment Potential: This area is intended for medium-density, mid-rise commercial purposes including but not limited to hotel, office, retail, entertainment, etc. The City of Richmond permits a 1.2 FAR under the current IL Light Industrial zone with potential to rezone to commercial which would increase density to 2.0 FAR. Maximum building height is 25m. Possibility to acquire the adjacent sites increasing development site to 0.27 acres.
Location
Province BC
Community Bridgeport Ri
Area Richmond
Zoning IL - LIGHT INDUSTRIL
Others
Ownership Freehold
Virtual Tour https://www.cbre.ca/properties/land/details/CA-Plus-414598/2711-smith-street-richmond-british-columbia-v6x-2j3

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