604.542.2444

10611 River Drive

Bridgeport RI, Richmond

$9,300,000


Property Size: 43,572 sqft

Type: Land Commercial


About this Land Commercial in Bridgeport RI, Richmond

An exclusive opportunity to acquire a 1-acre, riverfront development site with holding income, located on the north side of River Drive, just west of Shell Road, in the Bridgeport area of the City of Richmond. The location offers phenomenal views to the north, and quick, convenient access to the Bridgeport SkyTrain Station and the Oak Street Bridge. The property is well positioned next to the 20-acre, master-planned, Parc Riviera development to the west (http://parcriviera.com/) and traditional industrial uses east of Shell Road. Preliminary development application has been submitted for a 4-storey, 78-unit residential project. As an alternative, the current zoning also allows for industrial uses up to 1.00 FSR. Site offers good holding income and significant rental upside beyond the existing lease term (demo clause in place). Please click on the link to view brochure: http://properties.avisonyoung.com/docs/documents/1458861?token=2785e1b3c8e3afc5887516d31beeae17761d89f2

Listed by Avison Young.

TypeLand Commercial
Size20,800 sqft
$/SQFT$447.12

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Photo 1 at 10611 River Drive, Bridgeport RI, Richmond

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Photo 3 at 10611 River Drive, Bridgeport RI, Richmond

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