This mixed-use investment property at 2248 Elgin Avenue offers a rare opportunity to acquire a fully leased, income-generating asset in the heart of downtown Port Coquitlam. Designed by a German builder, the concrete structure comprises 11 units, including two ground-floor retail spaces, five office suites, and four residential apartments. The property is currently 100% occupied, providing stable cash flow with a reported gross income of $240,000 and net income of $160,000 annually.
The building spans approximately 22,000 square feet and sits on an 8,448-square-foot lot, featuring gated underground parking with storage and a full sprinkler system for enhanced safety. Its central location ensures strong tenant demand, with proximity to major transportation routes, local businesses, and community amenities. This asset offers investors a low-maintenance, diversified income stream in a growing Metro Vancouver submarket, making it an attractive long-term hold.