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: 8/8/2018

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.
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.

Attachments & Media

Additional Details

Submarket/Township: 5W
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


Contact

Photograph of Listing Agent

Bruce Harvey

RE/MAX professionals
CPIX® Member
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