$1,450,000

2711 SMITH STREET, Richmond BC V6X 2J3

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

2711 SMITH STREET, Richmond BC V6X 2J3

Inquire About This Listing