Industrial Land for Sale

Industrial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30169636
Property Subtypes: Industrial-Business Park, Mixed Use, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 12,300 SF
Gross Building Area: See Agent
Gross Land Area: 29.98 Acres
Sale Price: $2,950,000
Unit Price: $239.84 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/22/2019

Overview / Comments

Ideal for industrial development – turnkey projects & lot sales, expansion of self-storage concept. Neighbours include major institutional operations of MPIC, CPR and Cando Rail Services. Excellent access to the Perimeter via Gunn Road. VTB mortgage financing for qualified buyers. ESA Phase 1 completed 2017. Zoning: Industrial - MG

Self-storage compound:
- 102 units, various sizes
- High occupancy
- CCTV security
- Month-to-month leases, inflation hedge
- Compacted base

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 3J
Taxing Authority: RM of Springfield
Zoning: IG - INDUSTRIAL GENERAL
Property Located Between: Gunn Road and Springfield Road
Highway Access: 10 minutes to Lagimodiere Boulevard and 5 minutes to Perimeter Highway
Tenancy: Multiple Tenants
Property Condition: Good
Construction/Siding: Metal Siding, Steel Frame

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