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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 December 6, 2025 at 01:40 AM (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 2025 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.