HIGHWAY COMMERCIAL LAND IN HEADINGLY

Vacant Land for Sale
Catylist Listing ID: 30295047
Property Subtypes: Industrial, Office, Retail, Self Storage
Gross Land Area: 34.92 Acres
Sale Price: $3,900,000
Unit Price: $111,683 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2020

Overview / Comments

34.92 ACRES IN THE HEART OF THE RM OF HEADINGLY LOCATED JUST TO THE EAST OF THE HUSKY/ESSO SERVICE STATION ON PORTAGE AVENUE. 14 ACRES OF THE SITE, WITH A FRONTAGE OF 385 FEET, IS ZONED HU (HIGHWAY COMMERCIAL). THIS IS A HIGH TRAFFIC SITE AT A WELL LIT INTERSECTION. THE 14 ACRE PARCEL HAS A 21,600 SQUARE FOOT CONCRETE PAD ON SITE THAT ONCE WAS THE FLOOR OF A SPORTS FACILITY. ELECTRICAL SERVICE, SEWER, AND WATER ARE ON SITE AT THIS CONCRETE PAD. THE HC LAND ALSO CONTAINS AN OLD HOUSE THAT IS LEASED ON A MONTHLY BASIS. THE SELLER WOULD BE PREPARED TO SELL THE COMMERCIAL LAND SEPARATE FROM THE RURAL GENERAL PIECE.
AT THE WEST SIDE OF THE HC LAND AND BEHIND THE HUSKY STATION IS A 20.92 ACRE SITE THAT IS ZONED RU (RURAL GENERAL). IT HAS A LONG TERM LEASE TO A COMMUNICATIONS COMPANY FOR THEIR CELL PHONE TOWER. A FIVE YEAR EXTENSION WAS JUST SIGNED AND 2 FIVE YEAR EXTENSIONS ARE POSSIBLE AFTER THIS ONE ENDS. IT IS POSSIBLE TO SEPARATE THE HC AND RU LAND AND SELL OFF THE PARCELS SEPARATELY.

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Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 96300.000
Zoning: HC (HIGHWAY COMMERCIAL) AND RU ( RURAL GENERAL)
Property Visibility: Excellent
Highway Access: ON SMALL SERVICE ROAD RUNNING PARALLEL TO PORTAGE AVE.
Topography: Level
Available Utilities: Electric
Water Service: Municipal
Sewer Type: Municipal

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Bruce Harvey

RE/MAX professionals
CPIX® Member
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