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$4,711,000
Est. payment /mo
0.88 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8073022
Lot Size 0.880 Acres
Property Sub-Type Retail
Property Description
Located within Maple Ridge Town Centre, the Subject Property represents a rare, covered land play offering both yield and long-term redevelopment potential. The site comprises 4,840 square feet of fully leased rentable area on a 38,463 square foot lot with high-exposure frontage along Lougheed Highway. Designated Town Centre Commercial in the Official Community Plan, the property is positioned for high-density, mixed use redevelopment with potential tower forms envisioned up to 25 storeys under the Town Centre Area Plan, making this an exceptional opportunity for investors and developers seeking future growth in one of the Metro Vancouver's most dynamic urban nodes.
Location
Province BC
Community East Central
Area Maple Ridge
Zoning CS-1
Others
Ownership Freehold
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