About This Property
5-acre investment property in Whonnock. Renovated 2-level home with 3 bedrooms + den and 2 bathrooms. Includes 3 large shops with 600-amp, 3-phase power, upgraded water filtration, full fencing, 32-camera security system, extensive lighting, and an electrical gated entrances. Additional detached 2-bed, 2-bath mobile home. Shops include washroom and container with timer. Large electrical capacity suitable for licensed agricultural/grow production uses subject regulatory approval. High Potential Cap Rate. Property is not in the ALR. Buyer to verify future subdivision potential with the City. (id:64973)
At $1,197 per square foot, this Whonnock property in Maple Ridge carries a premium of over 50% compared to the city's average single-family home price. However, the unique 5-acre lot, extensive infrastructure, and high-capacity electrical setup make it an attractive investment opportunity for those seeking commercial or agricultural development potential. Given the property's size, zoning, and specialized features, this listing is best suited for experienced commercial or agricultural investors looking to leverage the site's expansive facilities and infrastructure to launch or expand their operations in the Maple Ridge market.
Property Details
Location
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