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$ 2,264,000
Est. payment | /mo
$ 2,264,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8079629
Year Built 1995
Property Sub-Type Retail
Property Description
Positioned perfectly in a high-density residential pocket of West Central Maple Ridge, 12048 216 Street offers a rare and versatile investment layout. This standalone, two-story building features a substantial 2,500 sq. ft. ground-floor retail space complemented by two private residential rental units on the upper floor totaling 2,248 square feet. Whether you are an owner-operator looking to run your business downstairs and live upstairs, or a savvy investor seeking a multi-stream, high-yield revenue property, this asset delivers incredible flexibility. The main-floor commercial space provides a spacious, wide-open retail footprint ideal for a neighborhood grocery, boutique, medical clinic, or specialty café. Upstairs, the two residential suites tap directly into Maple Ridge's high-demand rental market, offering immediate supplementary cash flow. With dedicated on-site parking and excellent street visibility, this property seamlessly bridges commercial utility with residential stability.
Location
Province BC
Community West Central
Area Maple Ridge
Zoning C-1
Others
Ownership Freehold
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