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 | Business |
Building
Size Interior | 6229 Sqft |
Land
Acreage | No |
Size Irregular | 20282 |
Size Total | 20282 Sqft |
Size Total Text | 20282 Sqft |
Zoning Description | C-3 |
https://www.realtor.ca/real-estate/26506714/22195-dewdney-trunk-road-maple-ridge
Interested?
Contact us for more information
![](https://ddfcdn.realtor.ca/individual/TS637751038800000000/highres/1391671.jpg)
Trevor Connor
Jeeves Swift Connor Marketing Group
![](https://ddfcdn.realtor.ca/organization/en-ca/TS638031052800000000/lowres/1006083.jpg)
22308 Dewdney Trunk Road
Maple Ridge, British Columbia V2X 3J2
(604) 466-2838
(604) 466-2868
www.remax-lifestyles.com
![](https://ddfcdn.realtor.ca/individual/TS638521013400000000/highres/1137920.jpg)
Robert Jeeves
Jeeves Swift Connor Marketing Group
jeevesswiftconnor.com/
![](https://ddfcdn.realtor.ca/organization/en-ca/TS638031052800000000/lowres/1006083.jpg)
22308 Dewdney Trunk Road
Maple Ridge, British Columbia V2X 3J2
(604) 466-2838
(604) 466-2868
www.remax-lifestyles.com