12048 216 Street, Maple Ridge | MLS: C8079629

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12048 216 Street
West Central Maple Ridge V2X 5J3

$2,264,000
Retail

Main Photo: 12048 216 Street, Maple Ridge | MLS: C8079629
Photo 1: 12048 216 Street, Maple Ridge | MLS: C8079629
Photo 2: 12048 216 Street, Maple Ridge | MLS: C8079629
Photo 3: 12048 216 Street, Maple Ridge | MLS: C8079629
Photo 4: 12048 216 Street, Maple Ridge | MLS: C8079629
Photo 5: 12048 216 Street, Maple Ridge | MLS: C8079629
Photo 6: 12048 216 Street, Maple Ridge | MLS: C8079629
Photo 7: 12048 216 Street, Maple Ridge | MLS: C8079629
Photo 8: 12048 216 Street, Maple Ridge | MLS: C8079629
Photo 9: 12048 216 Street, Maple Ridge | MLS: C8079629
Photo 10: 12048 216 Street, Maple Ridge | MLS: C8079629
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8079629
Build. Type:
Freestanding
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.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Retail
Commercial Type:
Retail
Construction:
Frame Wood
Building Type:
Freestanding, Mixed Use
Year built:
1995 (Age: 31)
Living Area:
4,748 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
010315373
Taxes:
$13,728.22 / 2025
No
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by William Wright Commercial Real Estate Services
Data was last updated June 27, 2026 at 04:10 AM (UTC)
Rod Friesen & Associates
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