Retail for sale

1393 Gabriola Drive, New Horizons, Coquitlam

$4,350,000 or
Contact the REALTOR®
Retail for sale in New Horizons, Coquitlam, Coquitlam, 1393 Gabriola Drive, 224958020 | Realtylink.org
Retail for sale in New Horizons, Coquitlam, Coquitlam, 1393 Gabriola Drive, 224958020 | Realtylink.org Retail for sale in New Horizons, Coquitlam, Coquitlam, 1393 Gabriola Drive, 224958020 | Realtylink.org Retail for sale in New Horizons, Coquitlam, Coquitlam, 1393 Gabriola Drive, 224958020 | Realtylink.org Retail for sale in New Horizons, Coquitlam, Coquitlam, 1393 Gabriola Drive, 224958020 | Realtylink.org
$4,350,000 or

Retail for sale

1393 Gabriola Drive, New Horizons, Coquitlam

Features

Lifestyle
224958020 4350000 /en/retail~for-sale~new-horizons-coquitlam/224958020?view=Summary /en/retail~for-sale~new-horizons-coquitlam/224958020/photos 49.2933700000 -122.7783200000 true
Floor Area
6,065 sqft
Total Space Avail. For Lease (Rent)
6065 sqft
Lot Size
14,778 sqft
Gross Property Tax
$21,981.15 /year
Building Type
Freestanding, Commercial Mix, Quasi Retail
Zoning
C-1
62

Description

Highly exclusive opportunity to acquire a fully leased freestanding commercial property in Coquitlam with value-add and redevelopment potential, ideal for investor or future owner-occupier. The Property is 100% leased to three commercial tenants (including a day-care) and one residential tenant on 2nd floor. Redevelopment potential to build up to 1.05 FSR (15,517 sf buildable) under existing C-1 zoning or potentially a future townhouse development. The Property features 14 surface parking stalls plus ample street parking available. Recent capital upgrades include resurfacing the parking lot and significant improvements to the indoor/outdoor day-care space. The existing in place net income is approx. $162,000 with annual rental escalations.
MLS® Number C8052951

Listing REALTORS®

Bal Atwal, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Bal Atwal

REALTOR®, Personal Real Estate Corporation
604-647-5090

Avison Young

Kerman Pannu, REALTOR<sup>®</sup>

Kerman Pannu

REALTOR®
604-900-5219

Avison Young

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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