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0.71-acre development site sells for $3.25 Million located at Gordon Ave, Coquitlam, B.C.

Coquitlam 0.71-acre development site sells for $3.25 million

NAI Commercial
Western Investor

The land, where future commercial zoning is not defined, sold for less than the assessed value.

— NAI Commercial, Vancouver, for Western Investor

Property type: Development land

Number of lots: 2

Location: 3021-3033 Gordon Ave, Coquitlam, B.C.

Land size: 0.71 acres

Zoning: “Business enterprise” use within Coquitlam OCP

Current zoning: Commercial

Potential floor-space ratio: FSR 2

BC Assessment value (2020):  $3.64 million

Sale price: $3.25 million

Date of sale: April 6, 2021

Brokerage: NAI Commercial, Vancouver

Brokers: Gary Haukeland and JD Murray

 

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