Maple Ridge Industrial Building For Sale

Industrial for Sale
Catylist Listing ID: 30395270
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 21,520 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $5,945,500
Unit Price: $276.28 PSF
Ceiling: 18 ft.
Docks/Doors: 3 Doors
Drive In Bays: 3 Bays
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: 3.8%
Last Updated: 9/5/2019

Overview / Comments

- 21,520 Square foot freestanding Building
- Demised into 3 separate units - 10,000 sqft
- 5,040 sqft - 6,480 sqft
- Fenced and Gated, fully Paved yard
Lots of Power available to the building. 625 KVA
Transformers on the property fed by a 17,000 volt hot line
Existing Net Income
Approx $245,000 /an
Unit 1 Leased until Sept 2022 Unit 2 Month to Month
Unit 3 Leased until Aug 2019
Taxes (2018)
$ 45,978.00

*Concrete block construction
*18’ ft. clear ceiling heights
*Fenced and gated
*3 - 12' x 14' Roll up grade doors
* 3 phase Power, 600amps @ 347/600 volts


Finance Data Year 2018
Real Estate Taxes - Annual($) $45,978 (Annual)
Net Operating Income $245,000 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest CMA: Vancouver
Regional District: Greater Vancouver
Parcel ID: 011-267-712
Highway Access: Lougheed hwy
Tenancy: Multiple Tenants
Number of Stories: 1
Property Condition: Good
Year Built: 1984
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Total Parking Spaces: 50
Amps: 600
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Ceiling Units
Lighting: Fluorescent
Zoning Description: M-2
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Canadian corporation

View FullscreenMap


Photograph of Listing Agent

Ryan Froese

RE/MAX Sabre Realty Group Commercial First Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Real Estate Board of Greater Vancouver nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.