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Last Available Development Site in Dominion Triangle

590 Dominion Ave, Port Coquitlam, BC V3B 3N6, Canada

5 Acres

$11,250,000.00
  • Description
  • Address
  • Details
  • Features

Description

Location

The property is located in the Dominion Triangle area of Port Coquitlam. The Triangle is located in the northeastern quadrant of the city, north of Lougheed Highway, south of Dominion Avenue, and west of the Pitt River. The area has developed into a vibrant mix of retail, light industrial, and residential uses. Businesses in the area include Walmart, Home Depot, Canadian Tire, Shoppers Drug Mart, Mark’s Work Warehouse, Starbucks, CIBC, RBC, Costco and McDonald’s. The Tri-cities (Port Coquitlam, Coquitlam and Port Moody) is one of the Lower Mainland’s fastest growing regions with a combined population of 280,000 that is projected to reach 370,000 with the next three to four years. Port Coquitlam is a community of more than 57,000 people. It is centrally located within the Lower Mainland with easy access to Vancouver, transit, and commuter rail links. The city offers a wide range of housing choices, quality schools, health care facilities, shopping, recreation, and art facilities. Residents have access to more than 266 hectares of park land and an extensive system of outdoor trails for cycling, hiking, and walks.

Opportunity

To purchase an industrial development site partially filled in the heart of Port Coquitlam. This property is arguably the last available development site in the prominent Dominion Triangle area. Successful area projects include Rivers Edge Business Park (Conwest), Riverwood Business Park (Circadian), Freemont Indigo (Mosaic), and Freemont Village (Onni).

Highlights

  • Extensive amount of fill on-site
  • Efficient shape for development
  • Services nearby
  • Ample exposure along Dominion Avenue and Fremont Street
  • Address: 590 Dominion Avenue
  • City: Port Coquitlam
  • Province: British Columbia
  • Postal Code: V3B 3N6
  • Country: Canada

Details

  • Property Size: 5 Acres
  • Land Area: 217,764.00 SF
  • Property Type: Industrial, Development, Land
  • Property Status: Sold

Additional Details

  • Current Zoning: Agricultural (A) (not in the ALR)
  • Potential Re-Zoning Option : M3 Light Industrial
  • Property Taxes (2020) : $7,134.98(Property taxes based on agricultural)