Coquitlam retail building near SkyTrain sold for $9.5M

The two-storey retail property has an assessed value of $6.60 million

for Western Investor
February 7, 2019

christmas way
A two-storey retail property in close proximity to Coquitlam Central SkyTrain Station has sold for $9.5 million, according to Macdonald Realty and HQ Real Estate Services. 
The building is 20,858 square feet, situated on a 1.53-acre lot. The lower level of the buulding is currently tenanted by JJ Family Spa with two years remaining on their term. Their lease currently brings in $8,000 per month. Main floor is vacant for an owner/user.
The property is located at 3000 Christmas Way, Coquitlam. 


Price: $9,500,000
Lot Size: 1.53 acres 
Property Type: Retail
Zoning: C2
2018 B.C. Assessment Value: $6,606,300
City: Coquitlam    
Province: B.C. 
Name of Brokerage: Macdonald Realty, HQ Real Estate Services 

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