Retail for sale
20718 Lougheed Highway, Southwest Maple Ridge, Maple Ridge
$3,188,000
Features
Year Built
1985
Floor Area
3,985 sqft
Lot Size
11,174 sqft
Gross Property Tax
$24,436.80 /year
Building Type
Freestanding, Commercial Mix, Street-Level Storefront
Zoning
CS-1
# of Parking Spaces
11
Description
Located in the western commercial node of Maple Ridge, the subject property at 20718 Lougheed Hwy is a well positioned, fully-tenanted, 11,174 SF corner lot on a signalized intersection with excellent exposure. The city is currently updating and reviewing their Strategic Transportation Plan and OCP for the areas along the city’s major transportation corridors, which includes the subject property. The subject Property presents a rare opportunity for investors looking to acquire a value-add property with future rent upside in a high-demand node. Further info available upon signing Confidentiality Agreement.
MLS® Number C8044172