22195 DEWDNEY TRUNK Road in Maple Ridge: West Central Business for sale : MLS®# C8057547
22195 DEWDNEY TRUNK Road
Maple Ridge
V2X 3H7
:
West Central
- $6,400,000
- Prop. Type:
- Business, Office
- MLS® Num:
- C8057547
- Status:
- Active
- Bus Major:
- Other/See Remarks
- Bus Minor:
- Other/See Remarks
- Build. Type:
- Office Building
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
Listed by RE/MAX LIFESTYLES REALTY
Data was last updated May 4, 2024 at 06:10 AM (UTC)