2918 Glen Drive, Coquitlam

$46,000,000

0 Bed
0 Bath
35,700 Sqft
1.82 Acres
0 Garage

Coquitlam Square in the heart of Coquitlam Centre - High-rise Site up to 6 FSR potential. Current improvements consists of 2 retails/office buildings with excellent holding income. The Lands development potential to its highest and best use provides a prime opportunity to work with the City to maximize density. The existing Official Community Plan (OCP) designates the land as General commercial, C-2 a zone designated to accommodate shopping centres and lower densities. Discussions with City planners in January 2020, there is a draft OCP plan being considered that accommodates higher mixed use densities due to the recent Evergreen line expansions and rapid transit stations. Given the upcoming proposed changes to City Centre Commercial zone indicated in the draft revised OCP , it is envisioned that the subject property will benefit from this up-zoning to a minimum C-4 zoning designation. (id:6289)

Essential Information
Listing #C8031663
Price$46,000,000
Bathrooms0.00
Square Footage35,700
Acres1.82
Year Built1979
TypeVacant Land
Community Information
Address2918 Glen Drive
CityCoquitlam
ProvinceBritish Columbia
Postal CodeV3B2P5
Amenities
AmenitiesStreet Lighting
FeaturesHandicap access
Utilities

Cable, Electricity, Water, Natural Gas, Telephone

Listing Details
OfficeHQ Commercial
LISTING MAP

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