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2918 Glen Drive Coquitlam, British Columbia V3B 2P5

$46,000,000

35700 sqft

Coquitlam Square in the heart of Coquitlam Centre - High-rise Site up to 6 FSR potential. Current improvements consists of 2 retails/office buildings with excellent holding income. The Lands development potential to its highest and best use provides a prime opportunity to work with the City to maximize density. The existing Official Community Plan (OCP) designates the land as General commercial, C-2 a zone designated to accommodate shopping centres and lower densities. Discussions with City planners in January 2020, there is a draft OCP plan being considered that accommodates higher mixed use densities due to the recent Evergreen line expansions and rapid transit stations. Given the upcoming proposed changes to City Centre Commercial zone indicated in the draft revised OCP , it is envisioned that the subject property will benefit from this up-zoning to a minimum C-4 zoning designation. (id:28868)

Acreage

Property Details

MLS® Number C8031663
Property Type Vacant Land
Features Handicap Access

Building

Amenities Street Lighting
Constructed Date 1979
Fireplace Present No
Size Interior 35700 Sqft

Land

Acreage Yes
Sewer Storm Sewer
Size Irregular 79250
Size Total 79250 Sqft
Size Total Text 79250 Sqft
Zoning Description C-2

Utilities

Cable Available
Electricity Available
Water At Lot Line
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/22233452/2918-glen-drive-coquitlam

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