Development Opportunity

Industrial for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30511167
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Light Industrial, Office Showroom, Other
Building Status: Proposed
Building Size (RSF): 23,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.62 SF
Sale Price: $1,650,000
Unit Price: $71.74 PSF
Docks/Doors: 5 Doors
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/18/2019

Overview / Comments

• This high visibility property is at a controlled intersection on the corner of Nairn Avenue and Grey Street, with 2 entrances off Grey Street and another off Cole Street on the south side of the property.
• Suitable for commercial, flex-industrial, retail developments
• Site is (+/-) 1.62 acres of asphalt plus gravel with perimeter fencing
• Could be converted to new construction commercial retail use, or with 18% site coverage there is room for addition or larger building
• Central location is a 3 minute drive to Route 59 Lagimodiere and a 10 minute drive to Portage and Main
• 37,500 cars pass by per day on Nairn Avenue (City of Winnipeg 2015 Traffic Flow map)
• Zoning M1

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 3B
Tax ID/APN: 14099980400
Zoning: M1

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Contact

Photograph of Listing Agent

Jane Arnot

Cushman Wakefield Winnipeg
CPIX® Member
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