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 Listing Details
104 & 105 - 2228 McAllister Avenue , Port Coquitlam , BC

Seldom available restaurant property for sale in the city center of Port Coquitlam, close to City Hall. 2,863 sf, two strata units. Tenant pays triple net rent $50,400/year + property taxes and strata fees. 5 + 5 years lease. Business is also for sale at $118,000.

Sold
$1,250,000.00
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   Property Information:

Property Type: Commercial Property Class: Retail Misc.
Address 104 & 105 - 2228 McAllister Avenue Province: BC
Region: Lower Mainland Zone: Greater Vancouver
Sub Area: Port Coquitlam District:
Country Canada Price: $1,250,000.00
Status: Sold MLS Number: C8010733
Post Date: 2/6/2017 Last Update: 9/28/2017

   Business Information:

Property Age: 1979
Type of Lease: Triple Net Rent
Remaining Lease Term: 10/31/2021 + 5 years
Cap Rate: 4%+
Use: Restaurant
Zoning: CC
Area: Retail: 2,863 sf
Office:
Warehouse:
Others:
Building Area:
Site Area: Strata
Frontage:
Parking: 16 stalls (shared)
Assesment Value: $772,500
Gross Taxes: $14,437.17 (2016)
Net Income:
Description: Seldom available restaurant property for sale in the city center of Port Coquitlam, close to City Hall. 2,863 sf, two strata units. Tenant pays triple net rent $50,400/year + property taxes and strata fees. 5 + 5 years lease. Business is also for sale at $118,000.
 
Sutton Group - West Coast Realty |   7547 Cambie Street, Vancouver, BC V6P 3H6 |    604.307.8288 |   roger@rogerchan.ca