Multi-family for sale
1 24578 Lougheed Highway, Albion, Maple Ridge
$2,299,900
Features
Year Built
1968
Floor Area
1,992 sqft
Lot Size
106,722 sqft
Building Type
Mul Tenant/MultiPlex (5+), See Remarks
Zoning
CS-3
Suite Mix Information
6 x Bachelor/Studio
Description
Exceptional 2.41-acre property located along Lougheed Highway offering Fraser River views and frontage along a high-exposure corridor in Maple Ridge. The property is zoned CS-3 (Recreation Commercial) under the City of Maple Ridge Zoning Bylaw No. 7600-2019. This designation is intended to accommodate recreation- and tourism-oriented commercial uses. Principal permitted uses within the CS-3 zone include campground, indoor commercial recreation, outdoor commercial recreation, and tourist accommodation, all subject to the regulations and development standards outlined in the City’s zoning bylaw. The site currently includes four occupied residences providing holding income. Any future use or redevelopment would be subject to municipal approvals and compliance with applicable zoning regulations, setbacks, parking requirements, and other development standards. Located steps from the river, the property offers a natural setting within an established and evolving section of the Lougheed Highway corridor.
MLS® Number C8075619