Retail
12815-12831 232 Street, Maple Ridge
12815 232 St, Maple Ridge, BC V2X 6V1
Listing Price: $4,925,000
Investment Overview
Marcus & Millichap and Pulse Real Estate Group are pleased to jointly announce for sale
12815 & 12831 232 Street, Maple Ridge, B.C. (the "Subject Site"). The Subject Site presents
a rare opportunity to acquire a 1.97-acre (85,619 SF) corner site at the high-exposure
intersection of 232 Street and 128 Avenue. Currently zoned RS-2 (Single Detached Suburban
Residential) and designated Estate Suburban Residential under the Official Community Plan,
the City of Maple Ridge may consider an application for commercial and/or multifamily
rezoning on the Site. The Vendor is open to structuring a sale subject to rezoning,
materially reducing entitlement risk for the purchaser, and is supportive of the purchaser
leading all rezoning applications and City engagement. The Subject Site represents a
compelling corner-site holding for developers seeking flexibility and reduced-risk entry into
a growing suburban market.
12815-12831 232 Street, Maple Ridge
Investment Highlights
- 1.97-acre (85,619 SF) corner site at the high-exposure intersection of 232 Street and 128 Avenue
- Vendor open to structuring a sale subject to rezoning, materially reducing entitlement risk for the purchaser
- Compelling corner-site holding offering flexibility and reduced-risk entry into a growing suburban market
Exclusively Listed By
Listing Price: $4,925,000
Investment Highlights
- 1.97-acre (85,619 SF) corner site at the high-exposure intersection of 232 Street and 128 Avenue
- Vendor open to structuring a sale subject to rezoning, materially reducing entitlement risk for the purchaser
- Compelling corner-site holding offering flexibility and reduced-risk entry into a growing suburban market
Investment Overview
Marcus & Millichap and Pulse Real Estate Group are pleased to jointly announce for sale 12815 & 12831 232 Street, Maple Ridge, B.C. (the "Subject Site"). The Subject Site presents a rare opportunity to acquire a 1.97-acre (85,619 SF) corner site at the high-exposure intersection of 232 Street and 128 Avenue. Currently zoned RS-2 (Single Detached Suburban Residential) and designated Estate Suburban Residential under the Official Community Plan, the City of Maple Ridge may consider an application for commercial and/or multifamily rezoning on the Site. The Vendor is open to structuring a sale subject to rezoning, materially reducing entitlement risk for the purchaser, and is supportive of the purchaser leading all rezoning applications and City engagement. The Subject Site represents a compelling corner-site holding for developers seeking flexibility and reduced-risk entry into a growing suburban market.
Exclusively Listed By
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