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2228 McAllister Ave 2,863 SF Retail Condo Unit Offered at $1,503,305 in Port Coquitlam, BC
Investment Highlights
- Corner location at McAllister Avenue and Mary Hill Road with enhanced visibility.
- Generates $81,600 net rent per year, offering stable and predictable income.
- Accessible to key routes including Lougheed Highway and Trans-Canada Highway for regional connectivity.
- Fully leased to a long-standing restaurant tenant through October 2030 plus a five-year renewal option.
- Located within a vibrant retail corridor supported by residential neighborhoods and local businesses.
Executive Summary
The property comprises two strata retail units located on McAllister Avenue in Port Coquitlam, British Columbia. It is positioned at a street corner intersecting with Mary Hill Road and offers an extended street frontage. The building is situated within an active commercial area, supported by residential developments and various small businesses. Surrounding infrastructure includes multiple arterial routes such as Lougheed Highway and major regional connections nearby. The area offers public transit access and serves as a local retail destination with steady traffic patterns.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Investment restaurant strata commercial property at the corner of McAllister & Mary Hill Rd with an extra wide frontage. 2 strata units combined 2,863 sf .
Sale Notes
Chinese restaurant tenant pays $81,600 net rent/year, fixed term until 10/2030. + 5 years option. Please don't disturb tenant's business.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 104&105 | 2,863 SF | Retail | $1,503,305 USD ($525.08 USD/SF) | - |
Unit 104&105
| Unit Size |
| 2,863 SF |
| Condo Use |
| Retail |
| Price |
| $1,503,305 USD ($525.08 USD/SF) |
| NOI |
| - |
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Unit 104&105
| Unit Size | 2,863 SF |
| Condo Use | Retail |
| Price | $1,503,305 USD ($525.08 USD/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Investment restaurant strata commercial property at the corner of McAllister & Mary Hill Rd with an extra wide frontage. 2 strata units combined 2,863 sf .</li></ul> | |
| Sale Notes | |
| Chinese restaurant tenant pays $81,600 net rent/year, fixed term until 10/2030. + 5 years option. Please don't disturb tenant's business.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 8,907 SF | Typical Floor Size | 8,907 SF |
| Property Type | Retail (Condo) | Year Built | 1979 |
| Building Class | B | Lot Size | 0.38 AC |
| Floors | 1 | ||
| Zoning | CC - To accommodate and regulate a wide range of general commercial and personal service uses in commercial centres having a pedestrian orientation and accommodates residential uses above ground floor commercial uses. | ||
| Total Building Size | 8,907 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 8,907 SF |
| Year Built | 1979 |
| Lot Size | 0.38 AC |
| Zoning | CC - To accommodate and regulate a wide range of general commercial and personal service uses in commercial centres having a pedestrian orientation and accommodates residential uses above ground floor commercial uses. |
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Very bikeable
80/100
Nearby Major Retailers
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2228 McAllister Ave
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