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1502 Columbia Avenue, Port Coquitlam BC – SOLD

LISTED ON MARKET

$ 2,390,000.00

Purchase a rarely available mixed-use freestanding building in the heart of the Mary Hill neighbourhood of Port Coquitlam. A centrally located corner property with a long-time convenience store tenant providing after school treats to the surrounding schools and a well-regarded and upscale barbershop servicing the locals with their grooming needs. The property is fully tenanted with stable holding income and is highly accessible via the Mary Hill Bypass and Trans-Canada Highway 1, and has direct access to the 159 bus route to Coquitlam Central and Braid Skytrain station.

  • Fully Tenanted by 2 residential units on the top floor and 2 retail tenants on the ground floor.
  • 14 surface parking stalls provide ample parking to residents and tenants.
  • Upside on rents upon renewal of tenancies
  • Child care facility potential with current zoning, also have a secured and gated area on the west side of the property for outdoor space.
  • Nearby attractions include Colony Farm, Kilmer Park, Starbucks, West Coast Iron, Vancouver Gun Range, Urban Axe Throwing and Momentum Ninja Training Centre.
  • Mary Hill Elementary, Kilmer Elementary, Hazel Trembath Elementary, Castle Park Elementary, Citadel Middle School and Pitt River Community Middle School are all 1.5KM of the subject property.

About

Purchase a rarely available mixed-use freestanding building in the heart of the Mary Hill neighbourhood of Port Coquitlam. A centrally located corner property with a long-time convenience store tenant providing after school treats to the surrounding schools and a well-regarded and upscale barbershop servicing the locals with their grooming needs. The property is fully tenanted with stable holding income and is highly accessible via the Mary Hill Bypass and Trans-Canada Highway 1, and has direct access to the 159 bus route to Coquitlam Central and Braid Skytrain station.

features

  • Fully Tenanted by 2 residential units on the top floor and 2 retail tenants on the ground floor.
  • 14 surface parking stalls provide ample parking to residents and tenants.
  • Upside on rents upon renewal of tenancies
  • Child care facility potential with current zoning, also have a secured and gated area on the west side of the property for outdoor space.
  • Nearby attractions include Colony Farm, Kilmer Park, Starbucks, West Coast Iron, Vancouver Gun Range, Urban Axe Throwing and Momentum Ninja Training Centre.
  • Mary Hill Elementary, Kilmer Elementary, Hazel Trembath Elementary, Castle Park Elementary, Citadel Middle School and Pitt River Community Middle School are all 1.5KM of the subject property.
disclaimer

* NOI stands for Net Operating Income. The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.

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