Multi-family for sale
11867 222 Street, West Central, Maple Ridge
$4,890,000
Features
Year Built
1964
Lot Size
18,295 sqft
Gross Property Tax
$31,515.25 /year
Building Type
Low Rise (2-4 storeys)
Building / Complex Name
Selkirk Manor
Zoning
RM-2
Subject Property Width
167 ft
Subject Property Depth
109 ft
Suite Mix Information
15 x 1 ½, 6 x 2 ½
Description
Rare multifamily redevelopment opportunity in the heart of Maple Ridge Town Centre. Situated on a large 18,203 sqft corner lot with approximately 167 ft of frontage and rear lane access, 11867 222 Street offers exceptional long-term redevelopment potential within the Town Centre Flexible Mixed-Use OCP designation. The existing 21-unit apartment building provides stable holding income. The site's corner configuration, strong frontage, existing multifamily use, and rear lane access create an increasingly rare and highly functional redevelopment opportunity for multifamily or mixed-use developers. Centrally located close to transit, shopping, schools, parks, and Downtown Maple Ridge amenities. A unique opportunity to acquire a strategic income-producing redevelopment asset within one of Metro Vancouver's evolving urban growth corridors.
MLS® Number C8078916