MLS® C8072931

Business for Sale — Maple Ridge, BC

$6,288,000

11931 227TH STREET, Maple Ridge, BC V2X6J4

92
Walk Score
54
Transit
58
Bike
Walk Score® by Redfin
For Sale
Food Services and Beverage
Type
5,101 square feet
Floor area
5,141 square feet
Lot size
1988
Year built
92
Walk Score
54
Transit
58
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
C3
Annual property tax
$19,363.94 (2025)
Lot dimensions
5141
Utilities
Water, Natural Gas, Electricity
Sewer
Storm sewer
Lot features
Lane

Listing Information

MLS®
C8072931
Listed
October 10, 2025
Time on market
339 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

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. (id:63159)

Financing calculator

Estimate your monthly payment on the $6,288,000 asking price.

Financing details
Monthly debt service
$61,033
Cash required at close
$1,282,600
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Maple Ridge)

Population
90,990(+10.6% since 2016)
Population density
339.7/km²
Median household income
$105,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
19.0%
Postsecondary below bachelor's
33.9%
High school diploma
34.2%
No certificate/diploma
13.0%

Population aged 15 and over.

Commute

Car, truck or van
90.1%
Public transit
4.5%
Walked
3.2%
Bicycle
0.4%
Other
1.7%

Commute duration

Under 15 min
23.8%
15–29 min
25.0%
30–44 min
24.1%
45–59 min
13.9%
60+ min
13.1%

Employed labour force with a usual workplace.

Mother Tongue

English78.5%
Mandarin1.6%
Punjabi (Panjabi)1.5%
Tagalog (Pilipino, Filipino)1.5%
Spanish1.2%
Korean1.1%
French1%
Iranian Persian1%
Russian0.8%
German0.7%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Big Feast Bistro · 11920 227 Street29m
  • Sammy J's Grill & Bar75m
  • Hako Sushi156m
  • Xpress Donair House170m
  • Red Robin · 22701 Lougheed Highway205m

Cafes (5+)

  • The Nut Coffee Shop57m
  • Starbucks194m
  • Bean Around Books · 22626 Lougheed Highway255m
  • Starbucks255m
  • Tea One Bubble Tea · 22529 Lougheed Highway360m

Grocery (5+)

  • Maple Market · 11931 227 Street3m
  • Meridian Farm Market · 11980 227 Street139m
  • Save-On-Foods163m
  • Langley Farm Market · 1-22621 Lougheed Highway222m
  • Shipley's No Frills · 22427 Dewdney Trunk Road420m

Shopping (5+)

  • Valley Fair Mall · 22709 Lougheed Highway205m
  • London Drugs · 22709 Lougheed Highway294m
  • Haney Place Mall · 11900 Haney Place323m
  • Walmart449m
  • Unnamed471m

Parks (4)

  • Memorial Peace Park · 11930 224 Street438m
  • Reg Franklin Park721m
  • Fletcher Park723m
  • Pioneer Park772m

Gyms (1)

  • Club 16 Trevor Linden Fitness · 22420 Dewdney Trunk Road482m

Pharmacies (5+)

  • Unnamed146m
  • Golden Ears Pharmacy · 22722 Lougheed Highway315m
  • Unnamed331m
  • PharmaChoice441m
  • Shoppers Drug Mart · 202-22441 Dewdney Trunk Road499m

Banks & ATMs (5+)

  • TD274m
  • Instacoin ATM327m
  • Scotiabank · 22529 Lougheed Highway388m
  • Vancity · 22824 Lougheed Highway504m
  • Prospera Credit Union · 22415 Lougheed Highway552m

Healthcare (5+)

  • Maple Ridge Physiotherapy and Pain Clinic · 22561 Dewdney Trunk Road261m
  • Maple Ridge Physiotherapy and Pain Clinic · 22561 Dewdney Trunk Road270m
  • The Grey Clinic · 22722 Lougheed Highway326m
  • Ridge Meadows Urgent Care345m
  • Mountain Medical Center439m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Haney Place @ Bay 10147m
Eastbound Dewdney Trunk Rd @ 227 St153m
Haney Place @ Bay 9157m
Westbound Dewdney Trunk Rd @ 227 St165m
Haney Place @ Bay 5175m
Haney Place @ Bay 4182m

Frequently asked questions

What is the asking price for this business?

The asking price is $6,288,000.

Where is this business located?

This listing is located in Maple Ridge, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.