1042 AUSTIN AVENUE, Coquitlam | $5,500,000

Opportunity to own a fully Tenanted freestanding 3,832 SqFt building on Austin Avenue. 9,430 sqft lot. Total of 4 tenants. Current NOI $76,639 + GST. Currently in the OCP for high rise, potential to assemble neighboring properties and develop up to 25 stories. Base density of 2.5 FAR. This property if located directly across the street from the new Safeway and two Beedie residential towers. Great holding property with future development potential. Call or email listing agent for more info. Do not disturb tenants.

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Description

Opportunity to own a fully Tenanted freestanding 3,832 SqFt building on Austin Avenue. 9,430 sqft lot. Total of 4 tenants. Current NOI $76,639 + GST. Currently in the OCP for high rise, potential to assemble neighboring properties and develop up to 25 stories. Base density of 2.5 FAR. This property if located directly across the street from the new Safeway and two Beedie residential towers. Great holding property with future development potential. Call or email listing agent for more info. Do not disturb tenants.

General Info

MLS Listing ID: C8057318 Bedrooms: 0 Bathrooms: 0 Year Built: 0

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .