Multi Family

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1502 COLUMBIA Avenue
Mary Hill Port Coquitlam V3C 1C3

$2,698,000
Multi-Family Commercial, Retail

Main Photo: 1502 COLUMBIA Avenue in Port Coquitlam: Mary Hill Multi-Family Commercial for sale : MLS®# C8046701
Photo 1: 1502 COLUMBIA Avenue in Port Coquitlam: Mary Hill Multi-Family Commercial for sale : MLS®# C8046701
Photo 2: 1502 COLUMBIA Avenue in Port Coquitlam: Mary Hill Multi-Family Commercial for sale : MLS®# C8046701
Photo 3: 1502 COLUMBIA Avenue in Port Coquitlam: Mary Hill Multi-Family Commercial for sale : MLS®# C8046701
Photo 4: 1502 COLUMBIA Avenue in Port Coquitlam: Mary Hill Multi-Family Commercial for sale : MLS®# C8046701
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8046701
Build. Type:
Low Rise (2-4 stories)
Luk Real Estate Group is proud to present this fully leased mixed-use investment property for sale. The property has 2 retail units at grade with 2 residential units above and is producing stable holding income. Upcoming lease expired offer excellent upside for increased rental income through lease renewals. Centrally located on the corner of Pitt River Road and Columbia Avenue, within a residentially focused neighbourhood with easy access to the Mary Hill Bypass and Trans Canada Highway 1. Excellent long term potential for Daycare, Education and other related uses given 3 elementary and 2 middle schools are within waking distance.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Commercial Mix, Residential Mix
Name of Complex/Subdivision:
# Other Units:
# of Appartments:
2
# of 4+ Bedroom Appartments:
1
# of 2 Bedroom Appartments:
1
# Storeys:
2.0
Year built:
1968 (Age: 54)
Total Floor Area:
5,400 sq. ft.
Retail Size:
2,650 sq. ft.
Lot Area:
8,460 sq. ft.
Land Use/Zoning:
CD14
Permitted Use:
Mixed Use, Residential
Taxes:
$17,209.5 / 2022
Storefront, Visitor Parking
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 1502 COLUMBIA Avenue in Port Coquitlam: Mary Hill Multi-Family Commercial for sale : MLS®# C8046701
    Photo 1 of 4
  • Photo 2: 1502 COLUMBIA Avenue in Port Coquitlam: Mary Hill Multi-Family Commercial for sale : MLS®# C8046701
    Photo 2 of 4
  • Photo 3: 1502 COLUMBIA Avenue in Port Coquitlam: Mary Hill Multi-Family Commercial for sale : MLS®# C8046701
    Photo 3 of 4
  • Photo 4: 1502 COLUMBIA Avenue in Port Coquitlam: Mary Hill Multi-Family Commercial for sale : MLS®# C8046701
    Photo 4 of 4
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated October 2, 2022 at 09:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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