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22374 LOUGHEED HIGHWAY
West Central Maple Ridge V2X 2T4

$6,900,000
Office, Land Commercial

Main Photo: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Photo 1: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Photo 2: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Photo 3: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Photo 4: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Photo 5: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Photo 6: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Photo 7: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Photo 8: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Photo 9: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Photo 10: 22374 LOUGHEED HIGHWAY in Maple Ridge: West Central Office for sale in "Fuller Watson Building" : MLS®# C8056145
Status:
Active
Prop. Type:
Office, Land Commercial
MLS® Num:
C8056145
Bus Major:
Other/See Remarks
Bus Minor:
Other/See Remarks
Build. Type:
Commercial Mix
Re-development awaits in this PRIME location, while you design and permit, you have an extraordinary business opportunity in the vibrant heart of Maple Ridge with this offering of commercial buildings. This investment beckons entrepreneurs to own prime real estate featuring 21 spaces with up-to-date leases, ensuring a seamless and lucrative transition for the new owner, over $340K NOI. ( 4.9% CAP RATE) The package encompasses a range of storefront lease spaces and other office spaces, each poised for success in this bustling locale. Don't miss the chance to capitalize on this incredible opportunity to own and thrive in the dynamic business landscape of Maple Ridge.
Sale Type:
Asset
Business Name:
Fuller Watson
Major Bus Type:
Other/See Remarks
Minor Bus Type:
Other/See Remarks
Bus Op Since:
1923
Construction:
Wood Frame
Building Type:
Commercial Mix, Office Building
Name of Complex/Subdivision:
# Bldgs:
4
# Other Units:
# Storeys:
3.0
Year built:
1941 (Age: 83)
Total Floor Area:
35,818 sq. ft.
Retail Size:
32,334 sq. ft.
Lot Area:
23,850 sq. ft.
Acres Freehold:
0.55 acre(s)
Land Use/Zoning:
C3
Permitted Use:
Office, Residential
Taxes:
$92,936.63 / 2022
Storefront
Services Connected:
Electricity, Fiber Optics at Lot Line, Lane Paved, Natural Gas, Paved Streets, Sanitary Sewer, Sewer - Storm
Water Supply:
Municipal
HVAC:
Forced Air
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by RE/MAX LIFESTYLES REALTY
Data was last updated September 16, 2024 at 07:10 PM (UTC)
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