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.

Lee & Associates / Vancouver / for Western Investor
December 10, 2020

750 Kingsway Avenue, Port Coquitlam, B.C.  Lee & Associates
— Lee & Associates, Vancouver, for Western Investor

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

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