22195 Dewdney Trunk Road, in Maple Ridge, BC
This is a Vacant Land Listing.
22195 Dewdney Trunk Road, in Maple Ridge
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:6289)
$6,400,000
22195 Dewdney Trunk Road, Maple Ridge, British Columbia
Essential Information
- MLS® #C8057547
- Price$6,400,000
- Price per Sqft1027
- Bathrooms0.00
- Square Footage6,229
- Acres0.47
- Year Built1974
- TypeVacant Land
- Days on Website12
Amenities
- UtilitiesWater
Community Information
- Address22195 Dewdney Trunk Road
- CityMaple Ridge
- Postal CodeV2X3H7
Listing Details
- Listing OfficeRE/MAX LIFESTYLES REALTY