$2,264,000

12048 216 Street, Maple Ridge, BC V2X 5J3

MLS® C8079629

Description

Positioned perfectly in a high-density residential pocket of West Central Maple Ridge, 12048 216 Street offers a rare and versatile investment layout. This standalone, two-story building features a substantial 2,500 sq. ft. ground-floor retail space complemented by two private residential rental units on the upper floor totaling 2,248 square feet. Whether you are an owner-operator looking to run your business downstairs and live upstairs, or a savvy investor seeking a multi-stream, high-yield revenue property, this asset delivers incredible flexibility. The main-floor commercial space provides a spacious, wide-open retail footprint ideal for a neighborhood grocery, boutique, medical clinic, or specialty café. Upstairs, the two residential suites tap directly into Maple Ridge’s high-demand rental market, offering immediate supplementary cash flow. With dedicated on-site parking and excellent street visibility, this property seamlessly bridges commercial utility with residential stability.

Property

Property type

Commercial Sale

Style

Retail

Structure

Freestanding, Mixed Use

Year built

1,995

Ownership

Freehold

Costs

Annual property tax

$13,728

Tax year

2,025

Location

Area

Maple Ridge

Neighbourhood

West Central

Waterfront

No