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11931 227th Street
East Central Maple Ridge V2X 6J4

$6,288,000
Business with Property, Land Commercial

Main Photo: 11931 227th Street in Maple Ridge: East Central Business with Property for sale in "Maple Market Ltd" : MLS®# C8072931
Photo 1: 11931 227th Street in Maple Ridge: East Central Business with Property for sale in "Maple Market Ltd" : MLS®# C8072931
Photo 2: 11931 227th Street in Maple Ridge: East Central Business with Property for sale in "Maple Market Ltd" : MLS®# C8072931
Photo 3: 11931 227th Street in Maple Ridge: East Central Business with Property for sale in "Maple Market Ltd" : MLS®# C8072931
Status:
Active
Prop. Type:
Business with Property, Land Commercial
MLS® Num:
C8072931
Bus Major:
Food & Beverage
Build. Type:
Freestanding
This corner lot property, currently zoned C3, is a long-established produce and groceries store on the main floor and has 3 apartments units above. It is designated as TOWN CENTRE COMMERCIAL on Schedule 1 Town Centre Area Land Use Designations, and land assembly potential with "from three (3) storeys in height to over twenty (20) storeys." as explained on OCP Bylaw No. 7060-2014. Buyer or Buyer's agent to conduct their own dual diligence is required. These rarely available properties are ideally located within the booming Central Business District of Maple Ridge, just a few blocks from City Hall, between Lougheed Hwy and Dewdney Trunk Road.
Sale Type:
Asset or Share
Ownership:
Freehold
Property Type:
Business with Property, Land Commercial
Commercial Type:
Food & Beverage
Business Type:
Food & Beverage, Grocery
Construction:
Frame Wood
Name of Complex/Subdivision:
Maple Market Ltd
Num Storeys:
2
Building Type:
Freestanding, Low Rise (2-4 storeys), Mixed Use
# Bldgs:
1
Year built:
1988 (Age: 37)
Living Area:
5,101 sq. ft.
Retail Size:
2,601 sq. ft.
Other Size:
2,500 sq. ft.
Lot Area:
5,227.2 sq. ft.
Zoning:
Potential to Redevelop:
It is designated as TOWN CENTRE COMMERCIAL, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
009710434
Taxes:
$19,363.94 / 2025
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
It is designated as TOWN CENTRE COMMERCIAL, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 11931 227th Street in Maple Ridge: East Central Business with Property for sale in "Maple Market Ltd" : MLS®# C8072931
    Photo 1 of 3
  • Photo 2: 11931 227th Street in Maple Ridge: East Central Business with Property for sale in "Maple Market Ltd" : MLS®# C8072931
    Photo 2 of 3
  • Photo 3: 11931 227th Street in Maple Ridge: East Central Business with Property for sale in "Maple Market Ltd" : MLS®# C8072931
    Photo 3 of 3
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Listed by Metro Edge Realty
Data was last updated October 12, 2025 at 01:40 AM (UTC)
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