22195 Dewdney Trunk Road , Maple Ridge, BRITISH COLUMBIA V2X3H7
Maple Ridge, BRITISH COLUMBIA V2X3H7
Description
Presenting an exceptional opportunity for investors and developers, this property offers over 27,700 square feet of prime re-development land. The highest & best use envisions a one-level commercial/retail space accompanied by the potential for 5 levels of wood-frame residential apartments, all topped off with convenient underground parking. Currently operating as a medical building, the property yields an impressive $200,000 Net Operating Income (NOI) annually, with a modest 40% lot coverage. Positioned at the high-visibility corner of 222nd & Dewdney Trunk Road, this location experiences substantial foot & vehicle traffic, enhancing its commercial viability. The property is currently tenanted with solid leases, each extending for five years, contributing to a reliable and diverse tenant mix. Whether considered as a robust revenue-holding asset or a prime candidate for immediate redevelopment, this offering promises an exciting venture in a thriving and strategic locale. Must be purchased with R2849049 (id:13843)
Details
| Mls | C8057547 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1974 |
| Days On Site | 303 |
| Listing Provided By | RE/MAX LIFESTYLES REALTY | Robert Jeeves |
Features
| Sq Feet | 6,229 |
|---|---|
| Zoning | C-3 |
| Acreage | 20282.00 |
Request A Showing
Request A Showing
Contact
Learn More About This Property
| State | British Columbia |
|---|---|
| City | Maple Ridge |
| Zip Code | V2X3H7 |
| Listing VS Median (in V2X3H7) | |
Price: $6,400,000 low | high Med: $6,400,000 SqFt: 6,229 low | high Med: 6,229 $ / SqFt: $1,027 low | high Med: $1,027 On Site: 303 low | high Med: 303.000000 | |