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409 1952 KINGSWAY Avenue
Central Pt Coquitlam Port Coquitlam V3C 6C2

$799,000
Industrial, Office

Main Photo: 409 1952 KINGSWAY Avenue, Port Coquitlam - Central Pt Coquitlam
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Status:
Active
Prop. Type:
Industrial, Office
MLS® Num:
C8061371
Attention investors and business owners! We present a remarkable opportunity to acquire an industrial unit that has recently undergone a meticulously planned renovation last year. This unit boasts a strategic location within the esteemed Kingsway Business Centre, ideally situated between Downtown Port Coquitlam and the Coast Meridian Overpass. Its advantageous position grants effortless access to prominent transportation routes, including the Pitt River Bridge and Golden Ears Bridge to the east. Furthermore, it is merely minutes away from key interchanges such as the Cape Horn Interchange, Port Mann Bridge, and Highway #1. The Kingsway Business Centre offers an exceptional locale with its M-1 designation, denoting a General Industrial Zone. This zoning classification permits a diverse range of applications, encompassing research, processing, distribution, and storage activities.
Sale Type:
Asset or Share
Construction:
Concrete
Total Floor Area:
1,570 sq. ft.
Office Size:
720 sq. ft.
Wrhse Size:
850 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
M1
Permitted Use:
Industrial, Office
Taxes:
$8,857.53 / 2024
# Grade Doors:
1
# Loading Doors:
1
Water Supply:
Municipal
Power Type:
Three Phase
Sewer Septic:
Municipal/Community
Env Assmt Phase:
No
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Listed by William Wright Commercial Real Estate Services
Data was last updated December 22, 2024 at 04:10 PM (UTC)
AMAR SHAN
DANA BALAN
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Navigating Commercial Real Estate Landscape in Vancouver, BC

Vancouver, BC, stands as a beacon of economic prosperity and cultural diversity, drawing businesses and investors alike to its dynamic commercial real estate market. In this article, we’ll delve into the thriving commercial landscape of Vancouver, exploring key trends, popular sectors, and the factors contributing to the city’s robust real estate sector. Whether you’re an entrepreneur seeking the perfect storefront or an investor eyeing the stability and growth potential of Vancouver’s commercial market, the opportunities are as diverse as the properties themselves. Explore BC commercial properties, especially in Vancouver, and discover a landscape ripe for business success and investment ventures.

Diverse Commercial Sectors

Vancouver’s commercial real estate market spans a diverse array of sectors, catering to the multifaceted needs of businesses. From vibrant retail spaces in bustling neighborhoods like Gastown to sleek office towers in the central business district, the city offers a spectrum of opportunities. The industrial sector, particularly in areas like Mount Pleasant, has also witnessed significant growth, driven by the rise of tech companies and creative industries.

Tech Hub and Innovation

As a burgeoning tech hub, Vancouver has become a magnet for innovative companies seeking prime office spaces to foster creativity and collaboration. The city’s strategic location, coupled with its quality of life, has attracted major players in the tech industry, contributing to the demand for modern, adaptable office spaces.

Green Initiatives and Sustainability

Vancouver places a strong emphasis on sustainability, influencing its commercial real estate landscape. The city’s commitment to green building practices has led to a surge in environmentally conscious developments. LEED-certified buildings and energy-efficient spaces have become integral components of the commercial market, appealing to businesses with a focus on sustainability.

Challenges and Opportunities

Despite its robustness, Vancouver’s commercial real estate market is not without challenges. Limited available space in key areas and rising property values pose obstacles for businesses seeking prime locations. However, this scarcity has also spurred innovative projects, such as mixed-use developments that seamlessly blend residential and commercial spaces.

Investment Appeal

Investors are drawn to Vancouver’s commercial real estate market for its stability and long-term growth potential. The city’s strategic geographical location, strong economic fundamentals, and commitment to innovation create an attractive environment for those looking to diversify their portfolios.

Conclusion: Vancouver, BC Commercial Properties

Vancouver’s commercial real estate landscape continues to evolve, shaped by economic trends, sustainability initiatives, and the city’s commitment to innovation. Whether you’re a local business looking to expand or a global investor seeking lucrative opportunities, Vancouver’s dynamic and diverse commercial real estate market provides a wealth of possibilities.