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24608 LOUGHEED Highway
Albion Maple Ridge V2W 1M2

$15,000,000
Business with Property, Industrial

Main Photo: 24608 LOUGHEED Highway in Maple Ridge: Albion Business with Property for sale : MLS®# C8043624
Photo 1: 24608 LOUGHEED Highway in Maple Ridge: Albion Business with Property for sale : MLS®# C8043624
Photo 2: 24608 LOUGHEED Highway in Maple Ridge: Albion Business with Property for sale : MLS®# C8043624
Photo 3: 24608 LOUGHEED Highway in Maple Ridge: Albion Business with Property for sale : MLS®# C8043624
Photo 4: 24608 LOUGHEED Highway in Maple Ridge: Albion Business with Property for sale : MLS®# C8043624
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Status:
Active
Prop. Type:
Business with Property, Industrial
MLS® Num:
C8043624
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Campground
Build. Type:
Residential Mix
7.03 Acre OCP Industrial Zoned property fronting Lougheed Hwy w/ unobstructed views of the Fraser river, valley, and Mt. Baker. Possible to rezone immediately to M-2 General Industrial without municipal water and sewer (Neighboring property to west currently under application w/city support). M-2 Industrial allows for uses such as Industrial repair services; Retail sale and rental of industrial vehicles, trailers, and heavy equipment; storage, warehousing, and yard. High and dry useable land sitting atop bluff with no creeks, easements, or row. Two titles with great cashflow grossing 20 k per month. Currently, one of the titles is operating as a commercial campground (CSR zoning) which could be significantly expanded to increase cashflow.
Sale Type:
Asset or Share
Business Name:
Hide-Away Resort Ltd
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Campground
Construction:
Wood Frame
Building Type:
Residential Mix
Name of Complex/Subdivision:
# Other Units:
Year built:
1972 (Age: 51)
Total Floor Area:
3,300 sq. ft.
Lot Area:
7.03 acre(s)
Acres Freehold:
7.03 acre(s)
Lot Depth:
600
Lot Frontage:
550'
Land Use/Zoning:
CS-3/RS-3
Permitted Use:
Industrial, Multifamily (5+)
Taxes:
$8,518.43 / 2021
Services Connected:
Electricity
Water Supply:
Drilled Well
Roof:
Sewer Septic:
Septic Tank & Field
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by Sutton Group-West Coast Realty (Abbotsford)
Data was last updated March 31, 2023 at 08:10 AM (UTC)
STEVE DA CRUZ | CCIM | PREC

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.