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OLD DEWDNEY TRUNK & RIPPINGTON ROAD
North Meadows PI Pitt Meadows V3Y 2R9

$1,700,000
Land Commercial

Drilling & Mining Rights
Photo 1: OLD DEWDNEY TRUNK & RIPPINGTON ROAD in Pitt Meadows: North Meadows PI Land Commercial for sale : MLS®# C8025280
Photo 2: OLD DEWDNEY TRUNK & RIPPINGTON ROAD in Pitt Meadows: North Meadows PI Land Commercial for sale : MLS®# C8025280
Photo 3: OLD DEWDNEY TRUNK & RIPPINGTON ROAD in Pitt Meadows: North Meadows PI Land Commercial for sale : MLS®# C8025280
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8025280
This is an unique opportunity for an investor to explore for mineral, petroleum, or natural gas in the Fraser Valley. There is also the potential for gravel extraction, but there is some restriction on this based on the Crown's rights to that resource. The owners of the underground rights are looking to sell those rights. The rights being sold are from the original Crown Grant, which are still in place. There is no right to extract Gold or Silver, or any gravel required by the Crown for the purposes of building roads. The owner of these rights is permitted unrestricted access to the surface of the lands for the purposes of mining or drilling, which includes building roadways, structures, and the storage of mined resources. The first, but accidental, discovery of natural gas in BC was in 1870 on the Maple Ridge/Pitt Meadows border. Other drilling exploration apparently occurred in and around 1914, near this location. Contact listing agent - for complete package.
Sale Type:
Asset
Property Type:
Land Commercial
Bus Op Since:
1947
Land Use/Zoning:
A1
Taxes:
$39.39 / 2018
Water Supply:
See Realtor Remarks
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Effective Gross Income:
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  • Photo 1: OLD DEWDNEY TRUNK & RIPPINGTON ROAD in Pitt Meadows: North Meadows PI Land Commercial for sale : MLS®# C8025280
    Drilling & Mining Rights
  • Photo 2: OLD DEWDNEY TRUNK & RIPPINGTON ROAD in Pitt Meadows: North Meadows PI Land Commercial for sale : MLS®# C8025280
    Pitt Meadows
  • Photo 3: OLD DEWDNEY TRUNK & RIPPINGTON ROAD in Pitt Meadows: North Meadows PI Land Commercial for sale : MLS®# C8025280
    Olde Dewdney Trunk Rd.
Larger map options:
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated June 25, 2019 at 04:00 AM (UTC)
Aker Real Estate Group
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