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: $6,495,500
Unit Price: $301.84 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: 6/6/2019

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
Tenancy
Unit 1 Leased until Sept 2022 Unit 2 Month to Month
Unit 3 Leased until Aug 2019
Zoning
M-2
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

Financials

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

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Contact

Photograph of Listing Agent

Ryan Froese

RE/MAX Sabre Realty Group Commercial First Member
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