Commercial Land for sale

2918 Glen Drive, North Coquitlam, Coquitlam

$46,000,000 or
Commercial Land for sale in North Coquitlam, Coquitlam, Coquitlam, 2918 Glen Drive, 224936732 | Realtylink.org
$46,000,000 or

Commercial Land for sale

2918 Glen Drive, North Coquitlam, Coquitlam

Features

Lifestyle
224936732 46000000 /en/commercial-land~for-sale~north-coquitlam-coquitlam/224936732?view=Summary /en/commercial-land~for-sale~north-coquitlam-coquitlam/224936732/photos 49.2821700000 -122.7999800000 true
Year Built
1979
Lot Size
79,250 sqft
Gross Property Tax
$183,449.59 /year
Building Type
Shopping Centre, Street-Level Storefront, Strip Mall
# of Elevators
1
Zoning
C-2
Amenities
Handicap Access/Facil, Storefront
Permitted Land Use
Residential, Retail
Water Supply
Municipal
Sewer/Septic
Municipal/Community
91

Description

Coquitlam Square in the heart of Coquitlam Centre - High-rise Site up to 6 FSR potential. Current improvements consists of 2 retails/office buildings with excellent holding income. The Lands development potential to its highest and best use provides a prime opportunity to work with the City to maximize density. The existing Official Community Plan (OCP) designates the land as General commercial, C-2 a zone designated to accommodate shopping centres and lower densities. Discussions with City planners in January 2020, there is a draft OCP plan being considered that accommodates higher mixed use densities due to the recent Evergreen line expansions and rapid transit stations. Given the upcoming proposed changes to City Centre Commercial zone indicated in the draft revised OCP , it is envisioned that the subject property will benefit from this up-zoning to a minimum C-4 zoning designation.
MLS® Number C8031663

Listing REALTORS®

Dean Thomas, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Dean Thomas

REALTOR®, Personal Real Estate Corporation

HQ Commercial

Tom Thiessen, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Tom Thiessen

REALTOR®, Personal Real Estate Corporation

RE/MAX LIFESTYLES REALTY

RE/MAX LIFESTYLES REALTY,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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