About this Land Commercial in Southwest Maple Ridge
Two connected properties (11810 & 11820 207 Street) offering excellent investment and redevelopment potential in a central location next to a shopping centre. Both homes are tenanted with strong, stable rental income, providing immediate cash flow while holding for future development. The site meets the minimum land assembly requirement (13,000 sf) and offers potential redevelopment opportunity from townhomes, low-density to medium-density multifamily redevelopment, subject t…o rezoning and municipal approvals (max potential FAR = 2.5). A rare opportunity for investors, developers, or land bankers.
Listed by Royal Pacific Realty (Kingsway) Ltd..
Two connected properties (11810 & 11820 207 Street) offering excellent investment and redevelopment potential in a central location next to a shopping centre. Both homes are tenanted with strong, stable rental income, providing immediate cash flow while holding for future development. The site meets the minimum land assembly requirement (13,000 sf) and offers potential redevelopment opportunity from townhomes, low-density to medium-density multifamily redevelopment, subject to rezoning and municipal approvals (max potential FAR = 2.5). A rare opportunity for investors, developers, or land bankers.
Listed by Royal Pacific Realty (Kingsway) Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- Type: Land Commercial
More About Southwest Maple Ridge, Maple Ridge
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Postal Code: V2X 1X5
