Multi Family

11225 240 Street
Cottonwood MR Maple Ridge V2W 1A3

$16,750,000
Retail, Multi-Family Commercial

Main Photo: 11225 240 Street in Maple Ridge: Cottonwood MR Retail for sale : MLS®# C8023725
Status:
Active
Prop. Type:
Retail, Multi-Family Commercial
MLS® Num:
C8023725
Build. Type:
Mixed Use
Very rare opportunity to purchase a brand new mixed use building in Maple Ridge. Scheduled to be completed by Summer 2019, this two storey 28,287 SF building sits on a 51,453 SF lot with 57 surface parking stalls. The retail level is fully leased to long term stable tenants for above market rents. This stable income provides a Purchaser with the rare opportunity of strategically handpicking the 16 residential rental tenants. Call today for more info.
Sale Type:
Asset
Property Type:
Retail, Multi-Family Commercial
Construction:
Concrete, Wood Frame
Building Type:
Mixed Use
# Units:
20
Year built:
2019 (Age: 0)
Total Floor Area:
0.65 acre(s)
Retail Size:
12,453 sq. ft.
Other Size:
15,834 sq. ft.
Land Use/Zoning:
C1
Taxes:
$46,013.69 / 2018
Air Conditioning, Balconies, Storefront, Visitor Parking
# Elevators:
1
HVAC:
Baseboard
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 11225 240 Street in Maple Ridge: Cottonwood MR Retail for sale : MLS®# C8023725
    Photo 1 of 1
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Listed by Colliers International
Data was last updated May 27, 2019 at 04:00 AM (UTC)
Bruce Long CCIM, FRI
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