- Status:
- Active
- Prop. Type:
- Land Commercial
- MLS® Num:
- C8079358
- Build. Type:
- Freestanding
- Photos (20)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Premier 1.03-Acre (44,941 SF) strategic commercial land assembly in the heart of Downtown Maple Ridge. Rare "inflation-proof" asset combining massive transit-oriented redevelopment upside with immediate, high-yielding holding income. Includes 22380 & 22390 119 Ave. INVESTMENT HIGHLIGHTS: Immediate Cash Flow: 31,130 SF rentable area anchored by essential services (Daycare, Fitness, Retail). Generates $385,402/yr, securing a rare ~3.9% holding Cap Rate. Rent Upside: Substantial value-add potential to reposition below-market leases to $600,000+ annually. Unlocked TOA Density: Designated under new Provincial Transit-Oriented Area (Tier 1) guidelines. OCP supports min 4.0 FAR and 12 storeys, allowing for ~180,000 SF of mixed-use buildable area (approx. 175-210 residential units).
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Land Commercial
- Building Type:
- Freestanding
- Year built:
- 1961 (Age: 65)
- Living Area:
- 37,623 sq. ft.
- Subject Space Width:
- 31130'
- Lot Area:
- 1.03 acre(s)
- Acres Freehold:
- 1.03 acre(s)
- Zoning:
- Signup
- Potential to Redevelop:
- yes, No
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Heating:
- Signup
- Electricity:
- Yes
- Services Connected:
- Cable at Lot Line, Electricity Connected, Fully Serviced, Street Lighting, City Water at Lot Line
- Sewer:
- Public Sewer
- Parcel Number:
- 000865168
- Taxes:
- $121,703.6 / 2025
- No
- Water Supply:
- Public, City Water at Lot Line
- Water Rights:
- No
- Roof:
- Signup
- Potential to Redevelop:
- yes, No
- Env Assmt Phase:
- No
-
Commercial building with a prominent storefront, multiple large windows, and a paved parking area -
Commercial building featuring a light blue facade, large storefront windows, and an expansive asphalt parking lot
-
Commercial building fronting a street corner, featuring multiple storefronts with large display windows
-
Expansive commercial space featuring a concrete floor, high black ceiling with exposed ductwork, and fluorescent strip lighting
-
Spacious commercial interior featuring a concrete floor, dark painted ceiling with exposed ductwork, and abundant linear fluorescent lighting
-
Expansive open-concept commercial space featuring concrete flooring and a high, exposed ceiling
-
Expansive open commercial space featuring a high black ceiling with exposed ductwork, multiple support columns, concrete flooring, and linear fluorescent lighting
-
Expansive open-concept interior featuring a concrete floor, exposed ceiling with linear light fixtures, and white walls with multiple door frames
-
Industrial workspace featuring exposed block walls, concrete flooring, overhead lighting, and an industrial exhaust hood
-
Commercial facade featuring expansive storefront windows, a distinct canopy overhang, and a flat roofline
-
Commercial retail storefronts featuring expansive glass windows, covered walkways, and on-site parking
-
Commercial building featuring a flat roofline and large storefront windows
-
Street-level commercial building featuring a continuous storefront facade, multiple large display windows, and a prominent dark brown awning
-
Paved roadways and crosswalks with an adjacent landscaped median featuring manicured hedges
-
Paved parking area featuring striped parking spaces, a perimeter fence, and adjacent low-rise structures
-
Paved parking area featuring reserved spaces, bordered by a dark fence with integrated planters
-
Commercial storefront with large display windows, visible signage opportunities, and ample on-site parking
-
Commercial storefront featuring multiple retail spaces and expansive glass window frontage
-
Commercial storefront featuring expansive glass panels, a flat roofline, and a paved parking area
-
Aerial Property Map. Displaying the property's geographic location and surrounding infrastructure
Listed by Royal Regal Realty Ltd.
Data was last updated June 6, 2026 at 06:35 PM (UTC)
- HUI JILLAIN
- Promised Land Realty
- 1 (604) 615-7128
- Contact by Email
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 2026 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Flat Fee List On MLS®
Promised Land Realty
1500-701 West Georgia, Vancouver BC V7Y1C6
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.