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8871,8891,8911, 8931,8951,8971 Douglas Street
Bridgeport RI Richmond V6X 1V3

$9,880,000
Commercial Land

Status:
Active
Prop. Type:
Commercial Land
MLS® Num:
C8062945
Applied at the City of Richmond for permission to rezone from "Light Industrial (IL)" to a Site Specific zone to develop a 9 storey Commercial building with approximately 105 hotel rooms and 2,470 square meter office space in this convenient Richmond location, close to Cosco, Richmond No. 3 Road shopping area, Casino and Vancouver airport. A short time required to Development Permit. Contact the Listing Agent for any further information.
Sale Type:
Asset or Share
Property Type:
Commercial Land
Title to Land:
Freehold
Lot Area:
23,522.4 sq. ft.
Acres Freehold:
0.54 acre(s)
Zoning:
Potential to Redevelop:
FROM IL TO A 9 STOREY 105 ROOMS HOTEL WITH OFFICE SPACE, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
See Remarks
Sewer:
Public Sewer
Env Assmt Comment:
AVAILABLE UPON AN OFFER
Parcel Number:
011280701
Taxes:
$8,840.7 / 2023
No
1% OF PURCHASE PRICE; IF THE PURCHASE PRICE EQUALS OR OVER $12.5M, 0.25% BONUS
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
FROM IL TO A 9 STOREY 105 ROOMS HOTEL WITH OFFICE SPACE, No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by RE/MAX Crest Realty
Data was last updated April 3, 2025 at 06:40 PM (UTC)

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