Water Tower District

Industrial for Sale
Also listed as Vacant Land, Retail-Commercial
Catylist Listing ID: 30844489
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Net Leased, Office Showroom, Warehouse/Distribution
Building Size (RSF): 150,000 SF
Gross Building Area: See Agent
Gross Land Area: 2 - 14.08 Acres
Sale Price: $1,650,000 - 1,795,000
Unit Price: $11 - 11.97 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Water Tower District
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/20/2023

Overview / Comments

Participate in one of Winnipeg’s newest shovel-ready industrial developments!

Olexa Developments Ltd is creating the Water Tower District, a 165-acre true mixed-use development, consisting of multi-family, retail, office, parklands, and industrial. The development will have sidewalks, interior walking paths, active transportation paths, and connectivity to Winnipeg’s dynamic transportation network. In addition, there will be a controlled intersection at Marion and direct access to Highway 59 (Lagimodiere Blvd.) via Speers Road.

70 acres of industrial lands are part of a 165-acre actual mixed-use development. Ideally located in St. Boniface, the site is well suited for last-mile delivery, and the proximity to the workforce is a great advantage. The Water Tower District is using the concept of a transit-oriented development (TOD) featuring active and traditional transportation options with direct access to Marion Street and Hwy 59 (Lagimodiere Blvd.) It will provide connectivity to major transportation routes.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 2B
Tax ID/APN: 06030300000
Zoning: C3/MMU/M2
Property Located Between: Archibald Street & Lagimodiere Boulevard
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 2023

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Contact

Photograph of Listing Agent

Robert Scaletta

Shindico Realty Inc. CPIX® Member
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