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22195 DEWDNEY TRUNK Road
West Central Maple Ridge V2X 3H7

$6,400,000
Office, Land Commercial

Main Photo: 22195 DEWDNEY TRUNK Road in Maple Ridge: West Central Office for sale : MLS®# C8057547
Photo 1: 22195 DEWDNEY TRUNK Road in Maple Ridge: West Central Office for sale : MLS®# C8057547
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Status:
Active
Prop. Type:
Office, Land Commercial
MLS® Num:
C8057547
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
Sale Type:
Asset
Major Bus Type:
Other/See Remarks
Minor Bus Type:
Other/See Remarks
Construction:
Wood Frame
Building Type:
Office Building
# Storeys:
1.0
Year built:
1974 (Age: 50)
Total Floor Area:
6,229 sq. ft.
Lot Area:
20,282 sq. ft.
Acres Freehold:
20,038 sq. ft.
Land Use/Zoning:
C-3
Permitted Use:
Mixed Use
Taxes:
$32,767.68 / 2022
Air Conditioning
Services Connected:
Fully Serviced
Water Supply:
Municipal
HVAC:
Central A/C, Forced Air
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
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Listed by RE/MAX LIFESTYLES REALTY
Data was last updated December 14, 2024 at 01:10 AM (UTC)
Steve Da Cruz | CCIM | PREC
董静茹 Jingru Cynthia Dong | CCIM | CFP | MBA | PREC
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