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Waterfront industrial on 9.7 acres in Port Coquitlam sells for $13.5 million

Site is comprised of 22 parcels on Kingsway Avenue near Pitt River Bridge and has potential as an income hold and for future development.
750 Kingsway Avenue, Port Coquitlam, B.C. Lee & Associates

Property type: Industrial land

Location: 750 Kingsway Avenue, Port Coquitlam, B.C.

Number of parcels: 22

Land size: 422,532 square feet

Land size in acres: 9.77 acres

Zoning: M2 (Marine Commercial in the OCP)

Vendors: Thomas Lumber Co. Ltd. & Telken Industries

Sale price: $13.5 million

Date of sale: November 2, 2020

Brokerage: Lee & Associates, Vancouver

Brokers: Steve Caldwell and Chris McIntyre