Retail for sale

22332 Lougheed Highway, West Central, Maple Ridge

$2,150,000 or
Retail for sale in West Central, Maple Ridge, Maple Ridge, 22332 Lougheed Highway, 224946512 | Realtylink.org
$2,150,000 or

Retail for sale

22332 Lougheed Highway, West Central, Maple Ridge

Features

Lifestyle
224946512 2150000 /en/retail~for-sale~west-central-maple-ridge/224946512?view=Summary /en/retail~for-sale~west-central-maple-ridge/224946512/photos 49.2167300000 -122.6035600000 true
Floor Area
6,550 sqft
Lot Size
4,415 sqft
Zoning
COMM
83

Description

The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 22332 Lougheed Highway, Maple Ridge, B.C. (the "Subject Property"). The Subject Property presents a rare opportunity for owner-users or investors looking to acquire a value-add property in the rapidly evolving and densifying Town Centre area of Maple Ridge. The retail portion of the Subject Property is fully leased to long-term tenants: Money Mart, Pho Song, and Wolf Bar, which provides a secure income stream for prospective purchasers while they relocate their business or lease up the second floor premises. Asking price is reflective of a 4.15% stabilized cap rate - further details available on Tenancy Schedule in Data Room upon execution of CA.
MLS® Number C8041443

Listing REALTOR®

Joey Yoo, REALTOR<sup>®</sup>

Joey Yoo

REALTOR®

Marcus & Millichap

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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