470 Logan Ave

Industrial for Sale
Catylist Listing ID: 30840554
Property Subtypes: Warehouse/Distribution, Other
Building Size (RSF): 12,450 SF
Gross Building Area: See Agent
Gross Land Area: 18,015 SF
Sale Price: $1,475,000
Unit Price: $118.47 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2023

Overview / Comments

Fantastic turnkey passive investment in high-traffic location. 12450sf industrial bldg. Main level leased w/approx. 2131sf shop front and approx. 10807sf grade level warehouse at rear. Second storey has two office spaces with two tenants on lease. Offices are 988sf and 1042sf. 15127sf total floor area. Remarkably clean and updated throughout the property in nearly every element: roof, windows, mechanical, elec, plbg, exterior, insulation, and more. Three water meters, three electric meters, one gas meter (gas only on main floor). Two empty lots beside totalling 9097sf leave plenty of possibilities to develop and add value. Architectural plans are available.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 13081919000
Zoning: M1
Parking Type: Surface
Total Parking Spaces: 7

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Photograph of Listing Agent

Greg Michie

Greg Michie Realty Group
CPIX® Member
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