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1393 Gabriola Drive
Coquitlam BC , V3E 2H3 , CAN
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Raman Bayanzadeh
Agent
Commercial Real Estate Broker
Phone: 604.925.2911
Cell: 778.896.7592

Royal LePage Sussex
Brokerage:
2397 MARINE DR
WEST VANCOUVER, BC
V7V1K9
Phone: 604.925.2911
Fax: 604.925.3002
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

Pouria Nikravan
Agent Photo
Vice-President
Phone: 604.493.3002

Brokerage:
Royal LePage Sussex
2397 MARINE DR
WEST VANCOUVER, BC
V7V1K9
Phone: 604.925.2911
Fax: 604.925.3002
$4,130,000.00
Commercial : Retail
Freestanding: Yes
Usage: Multi-unit Building
No. of Parking Spaces: 14
Floor Space (approx): 6009 Square Feet
Zoning: C1
Remarks:
Presenting an extraordinary investment prospect in Coquitlam: a Small Scale commercial Neighbourhood Strip, fully leased to three commercial tenants, including a highly sought-after day-care facility. Situated mere steps from the tranquil Coquitlam Town Centre Park and conveniently close to Lafarge Lake and SkyTrain access, this property offers both strategic positioning and natural beauty. With a building spanning approximately 6,065 square feet and occupying a generous lot of approximately 14,778 square feet (equivalent to 0.34 acres), this offering yields a solid 4.1% Cap Rate. Under existing C-1 zoning, there's substantial potential for future development, with the opportunity to build up to 1.05 FSR (15,517 square feet buildable area), potentially for a future townhouse development. The property underwent extensive renovations and enhancements in 2020, resulting in a contemporary freestanding structure with modern indoor and outdoor day-care facilities. In addition to its attractive features, the property offers 14 surface parking stalls on-site, alongside ample street parking for added convenience.

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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