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11225 240 Street
Cottonwood MR Maple Ridge V2W 1A3

$14,750,000
Multi-Family Commercial

Main Photo: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale : MLS®# C8051748
Photo 1: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale : MLS®# C8051748
Photo 2: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale : MLS®# C8051748
Photo 3: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale : MLS®# C8051748
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8051748
Build. Type:
Mixed Use
Opportunity to purchase a newer, fully leased, mixed-use investment property featuring 3 street-level retail units, which are anchored by a 6,300 SF Liquor Store, a Dentist, and a Nail Salon. The second floor consists of 16 residential rental units with covered balconies. Maple Heights Village is located in the rapidly growing Haney neighbourhood of Maple Ridge. Surrounded by new residential development by established Lower Mainland developers, the growth in this part of the city is extraordinary. This investment property will allow investors an opportunity to experience the growth of this community firsthand.
Sale Type:
Asset
Total space avail for lease:
28,287 sq. ft.
Construction:
Concrete, Wood Frame
Building Type:
Mixed Use
Name of Complex/Subdivision:
# Bldgs:
1
# Units:
20
# Other Units:
# of Appartments:
16
# of 1 Bedroom Appartments:
14
# of 2 Bedroom Appartments:
2
# Storeys:
2.0
Year built:
2019 (Age: 4)
Total Floor Area:
28,287 sq. ft.
Lot Area:
1.18 acre(s)
Land Use/Zoning:
C1
Air Conditioning, Balconies, Handicap Access/Facil, Storefront, Visitor Parking
# Elevators:
1
Water Supply:
Municipal
HVAC:
Baseboard, Separate HVAC Units
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
No
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:
  • Photo 1: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale : MLS®# C8051748
    Photo 1 of 3
  • Photo 2: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale : MLS®# C8051748
    Photo 2 of 3
  • Photo 3: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale : MLS®# C8051748
    Photo 3 of 3
Listed by Colliers
Data was last updated May 28, 2023 at 03:10 PM (UTC)
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