1.39 ACIndustrial$7,000,000Sale
1.39 AC
Industrial
$7,000,000
Sale
Aleksandra Magee
BC Businesses For Sale I Royal LePage Sussex
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The Industrially Zoned M2 & M5 Zoned Property is 1.39 Acre industrial and located at 13176 Lilley Drive, Maple Ridge, BC V2W 0G6. Available current appraisal report valuing the property at $8.5m. The business currently operating on-site can be moved for vacant possession or be purchased for an additional $1m. The business is generating approx. $2m per year and over $600k in Cash Flow. Owners are also interested in an option to lease back the property for $40,000 per month. The business operation moved on-site from Port Coquitlam between November 2022 and March 2023. Many upgrades were completed on the property in 2023.
The Space
Asking Price$7,000,000
Available Space1.39 AC
Net Operating Income$480,000
Property UseIndustrial / Investment property
Taxes$65,000/yr
ZoningM2 & M5
Cap Rate6.86%
SourceDirect
The Building
PROPERTY DETAILS • PID: 028-047-869 • LEGAL DESCRIPTION: LOT 29, PLAN BCP42202, SECTION 25, TOWNSHIP 12, GROUP 1, NEW WESTMINSTER LAND DISTRICT. • Zoning M2 (General Industrial) & M5 (High Impact Industrial Zone). • Property Taxes 2023 – approx. $62,000 • 1.39 Acres. • City Water. • Septic Tank. • Frontage 350 ft • Width - 157 ft • Year Built - 2011 • TOTAL BUILDING SIZE 7,900 SF o 630 SF office/reception area o 6,270 SF Warehouse area. o 1,000 SF caretaker suite. • Three phase heavy industrial power 60-Amp, 600-Volts. • Fully Fenced, paved and secured. • 1 grade door. 1 bay loading docks. • 25 foot ceiling. • 2 bedroom on-site caretaker suite. • 7,900 sq. ft. building • 6,000 sq. ft. total over two out-buildings.
Property TypeIndustrial
Lot Size1.39 AC
Up to $500K for British Columbia businesses
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