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20528 Lougheed Hwy
Maple Ridge, BC V2X 2P8
 Retail Property For Sale

Retail Spaces British Columbia Maple Ridge 20528 Lougheed Hwy, Maple Ridge, BC V2X 2P8

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EXECUTIVE SUMMARY

Avison Young is pleased to present the opportunity to acquire a fully leased medical service-oriented strip center with prominent exposure along Lougheed Highway. The subject property is well-maintained and consists of 13,817 net rentable square footage. The site is currently zoned C-2 & CD-1-92 and is designated as Flexible Employment in the Lougheed Transit Corridor Plan. This is a great opportunity for rental income appreciation with rezoning and long-term redevelopment potential.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
13,817 SF
Building Class
C
Year Built
1990
Price
$11,250,000 CAD
Price Per SF
$814.21 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.95 AC
Frontage
150’ on Lougheed Highway
 

  • Listing ID: 33385956

  • Date on Market: 2024-10-02

  • Last Updated:

  • Address: 20528 Lougheed Hwy, Maple Ridge, BC V2X 2P8

The Maple Ridge Retail Property at 20528 Lougheed Hwy, Maple Ridge, BC V2X 2P8 is currently available. Contact Avison Young Commercial Real Estate for more information.

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