All Commercial Lease Listings in Maple Ridge

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12125 203 Street
Northwest Maple Ridge Maple Ridge V2X 4V4

$1,700,000
Land Commercial, Multi-Family Commercial

Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8070288
BUILDERS & INVESTORS ALERT!!! This PRIME WESTSIDE LOCATION 6 bedroom home on a huge 14,200 sf lot offers INCREDIBLE POTENTIAL VALUE for TOWNHOUSE/DUPLEX or TRIPLEX DEVELOPMENT. The New Bill 44 might allow for 4-PLEX/6-PLEX along with BACK LANE access – Check with City of Maple Ridge! Opportunity knocks for this great INCOME PRODUCING INVESTMENT PROPERTY as it holds not only FUTURE VALUE but also BOTH top and bottom levels can be rented out for immediate income. Access front and back from both 203rd and Irving St make this home extremely DESIREBLE. All this with plenty of parking and lane access to bring in your RV, boat, etc. Do not miss this OPPORTUNITY!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Construction:
Frame Wood, Mixed
Living Area:
2,539 sq. ft.
Subject Property Depth:
49'2"
Subject Property Width:
16'7½"
Lot Area:
14,374.8 sq. ft.
Zoning:
Potential to Redevelop:
Yes, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Electric, Forced Air
Electricity:
Yes
Services Connected:
Electricity Connected, Natural Gas Connected, City Water at Lot Line
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
028908198
Taxes:
$6,526.15 / 2024
No
Water Supply:
Public, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
Yes, No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Royal First Realty
Data was last updated July 3, 2025 at 06:40 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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