22195 Dewdney Trunk Road Maple Ridge, British Columbia V2X 3H7
$6,400,000
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:12562)
Business
| Business Type | Other |
| Business Sub Type | Other |
Property Details
| MLS® Number | C8057547 |
| Property Type | Vacant Land |
Building
| Constructed Date | 1974 |
| Size Interior | 6229 Sqft |
Land
| Acreage | No |
| Size Irregular | 20282 |
| Size Total | 20282 Sqft |
| Size Total Text | 20282 Sqft |
| Zoning Description | C-3 |
Utilities
| Water | At Lot Line |
https://www.realtor.ca/real-estate/26506714/22195-dewdney-trunk-road-maple-ridge
Interested?
Contact us for more information
Robert Jeeves
Jeeves Swift Connor Marketing Group
jeevesswiftconnor.com/
22308 Dewdney Trunk Road
Maple Ridge, British Columbia V2X 3J2
(604) 466-2838
(604) 466-2868
www.remax-lifestyles.com
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 21 2024 02:55:43
Real Estate Board Of Greater Vancouver
RE/MAX Lifestyles Realty