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Maple Ridge 2.4-acre industrial site sells for $12.9 million

One of the largest recent industrial sales in the city includes two leased buildings on land deemed for future development.
20240 Stewart Crescent and 20295 113B Street, Maple Ridge, B.C.

Type of property: Industrial land

Location: 20240 Stewart Crescent and 20295 113B Street, Maple Ridge, B.C.

Property size: 52,881 (two buildings total)

Land size: 105,415 square feet

Land size in acres: 2.42 acres

Zoning: M-3 (Industrial)

List price: $13.75 million

Sale price: $12.9 million

Date of sale: November 25, 2020

Brokerage: Avison Young Commercial, Vancouver

Brokers: Michael Farrell and Gord Robson