Area: British Columbia
Advertise With UsSitemap
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:44056)

Property Details

Full Address:
22195 DEWDNEY TRUNK ROAD, Maple Ridge, British Columbia
Price:
$ 5,100,000
MLS Number:
C8057547
List Date:
February 12th, 2024
Lot Size:
20282 sq.ft.
Year Built:
1974
Taxes:
$ 32,768
Listing Tax Year:
2022

Interior Features

Building Features

Taxes:
$ 32,768

Floors

Finished Area:
6229 sq.ft.

Land

Lot Size:
20282 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by Ratehub.ca
Robert Jeeves Jeeves Swift Connor Marketing Group RE/MAX LIFESTYLES REALTY
 604-240-2629
Request Listing Info
  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

Is this your listing?Advertise With Us!

Listing Agent(s)

Listing: Robert Jeeves
RE/MAX LIFESTYLES REALTY

Similar Listings

Copyright © Real Estate Guide 2021 | Legal | Sitemap
Area Modal Trigger
X