Alamgir Khan
Personal Real Estate Corporation, Top 1% Realtor®
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12005 238b Street
East Central Maple Ridge V4R 1W1

$5,500,000
Office, Retail

Status:
Active
Prop. Type:
Office, Retail
MLS® Num:
C8072453
Build. Type:
Low Rise (2-4 storeys)
Investment Opportunity: Prime Commercial Building in Maple Ridge Rare opportunity to acquire a 95% leased commercial building at 12005 238B Street. This well-maintained property features a strong "medical tenant base", including two medical clinics, a pharmacy, and a physiotherapist. Located in a growing community with excellent visibility, this building is a great addition to any portfolio. With one **1,100 square-foot unit vacant**, there's a chance to increase revenue. The property generates a net income of approximately **$209,000**. The seller is motivated, so don't miss this chance to invest in a thriving commercial hub.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Office, Retail
Commercial Type:
Retail
Construction:
Concrete Block
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys), Mixed Use
Year built:
2007 (Age: 18)
Subject Property Depth:
0'
Subject Property Width:
0'
Class Of Space:
Class A
Lot Area:
2,025 acre(s)
Zoning:
Potential to Redevelop:
No
Fencing:
Parking:
Guest
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Separate Controls, Window Unit(s)
Electricity:
Yes
Services Connected:
Electricity Connected, Garbage Collection
Sewer:
Public Sewer
Parcel Number:
026546914
Taxes:
$42,402.4 / 2025
Paved Yard
No
No
# Docks:
0
# Grade Doors:
0
# Loading Doors:
0
Ceiling Height:
0'
Water Supply:
Co-Operative
Water Rights:
No
Roof:
Potential to Redevelop:
No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Royal LePage Global Force Realty
Data was last updated September 24, 2025 at 07:40 PM (UTC)
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