Listed on: Jun 18, 2026
Last Updated: Jun 18, 2026
4,748 ft²Retail$2,264,000Sale
4,748 ft²
Retail
$2,264,000
Sale
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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, medical clinic, dental clinic, veterinary, or daycare. 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.
The Space
Asking Price$2,264,000
Available Space4,748 ft²
NegotiableYes
Net Operating Income$113200
Property UseInvestment property / Retail
ZoningC-1
Cap Rate5%
Parking Spaces10
SourceDirect
The Building
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, medical clinic, dental clinic, veterinary, or daycare. 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 TypeRetail
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