About this Land Commercial in West Central
I?? KEY ASSET HIGHLIGHTS ?Total Lot Size: 44,941 sq ft (1.03 acres) ?Total Leasable Retail Area: 31,130 sq ft ?Zoning (Current): C-3 (Town Centre Commercial) •Allows a wide variety of pedestrian-oriented commercial, office, assembly, and mixed-use developments ?Future Zoning (OCP + TOA): TOA Tier 1 – Mixed-Use High Density (12 storeys / 4.0 FAR min) ? Large assembled site – rare in Maple Ridge ? Strong existing retail income, potential income $600,000+ per year ? B…elow-market implied land value vs small-lot comps ? Parking reform improves feasibility & reduces cost ? Contiguous parcels forming a dominant downtown footprint
Listed by Royal Regal Realty Ltd..
I?? KEY ASSET HIGHLIGHTS ?Total Lot Size: 44,941 sq ft (1.03 acres) ?Total Leasable Retail Area: 31,130 sq ft ?Zoning (Current): C-3 (Town Centre Commercial) •Allows a wide variety of pedestrian-oriented commercial, office, assembly, and mixed-use developments ?Future Zoning (OCP + TOA): TOA Tier 1 – Mixed-Use High Density (12 storeys / 4.0 FAR min) ? Large assembled site – rare in Maple Ridge ? Strong existing retail income, potential income $600,000+ per year ? Below-market implied land value vs small-lot comps ? Parking reform improves feasibility & reduces cost ? Contiguous parcels forming a dominant downtown footprint
Listed by Royal Regal Realty 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 West Central, Maple Ridge
latitude:
longitude:
Postal Code: V2X 6B1
