Commercial Real Estate in BC

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20718 Lougheed Highway
Southwest Maple Ridge Maple Ridge V2X 2R1

$2,990,000
Retail

Status:
Active
Prop. Type:
Retail
MLS® Num:
C8080281
Build. Type:
Freestanding
20718 Lougheed Highway, Maple Ridge: a 3,985 SF single-storey building on an 11,174 SF signalized corner lot at Lougheed Highway and 207 Street, with 46,000+ VPD exposure and access from both frontages. CRU 1 (2,283 SF) is vacant and available for immediate occupancy, featuring upgraded 400-amp 3-phase electrical service and dedicated HVAC installed for a prior tenant. CRU 2 (1,645 SF) is leased to Coast-to-Coast Video on a month-to-month basis at $3,825/month, with the tenant's space becoming available as of September 1, 2026, providing interim holding income with a clear path to full vacant possession. Zoned CS-1 (Service Commercial), permitting uses oriented to the motoring public including convenience store, restaurant, and service station. Located within the Lougheed Transit Corridor Area Plan near the planned BRT station, offering future density upside. Built 1985 with 11 parking stalls. Data room available upon execution of confidentiality agreement.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Retail
Commercial Type:
Retail
Construction:
Concrete Block
Building Type:
Freestanding, Mixed Use, Street-Level Storefront
Year built:
1985 (Age: 41)
Living Area:
3,985 sq. ft.
Retail Size:
3,985 sq. ft.
Lot Area:
11,325.6 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Natural Gas Connected
Sewer:
Public Sewer, Storm Sewer
Env Assmt Comment:
Stage 2 PSI (Jun 2022): no contamination found; no further assessment needed.
Parcel Number:
000928704
Taxes:
$33,074.43 / 2025
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Marcus & Millichap
Data was last updated July 9, 2026 at 08:35 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.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo 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.