2711 Smith Street
Bridgeport RI, Richmond
$1,450,000
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 curr…ent 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.
Listed by CBRE Limited.
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.
Listed by CBRE Limited.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Oracle Property Group for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Listing Details
- MLS®: C8071072
- Type: Land Commercial
- Lot Size: 3,920 sqft
- Zoning: IL-LIGHT INDUSTRIAL