Restaurant Property for Sale - Port Coquitlam

Retail-Commercial for Sale
Catylist Listing ID: 30230789
Property Subtypes: Restaurant
Building Size (RSF): 2,863 SF
Gross Building Area: See Agent
Sale Price: $1,580,000
Unit Price: $551.87 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/11/2019

Overview / Comments

Investment restaurant strata commercial property at the corner of McAllister Ave & Mary Hill Rd with an extra wide frontage. 2 strata units combined 2,863 sf. Chinese restaurant tenant pays $52,800 net rent/year, fixed term until 10/2021 + 5 years option. Please don't disturb the tenant's business.

Additional Details

Nearest CMA: Vancouver
Regional District: Greater Vancouver
Taxing Authority: City of Port Coquitlam
Parcel ID: 001-133-012; 000-653-683
Retail Clientele: Business
Property Located Between: McAllister Avenue and Mary Hill Road
Property Visibility: Excellent
Total Parking Spaces: 16
Parking Type: Surface

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Photograph of Listing Agent

Roger Chan, CCIM

Personal Real Estate Corporation
Sutton Grp-West Coast (VanCam) Commercial First Member
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