St. James Industrial Building For Sale or Lease

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30672795
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 14,884 SF
Gross Land Area: 37,395 SF
Sale Price: $1,600,000
Unit Price: $107.50 PSF
Docks/Doors: 3 Docks
Office SF: 2,496 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/3/2021

Overview / Comments

Industrial Building for Sale or Lease in close proximity to the Airport and Route 90. The building is approximately 14,884 sq. ft. and consists of an estimated 2,496 sq. ft. of showroom/reception area, offices and lunchroom and about 12,388 sq. ft. of warehouse space. Ceiling height in the warehouse ranges from 10.5 feet high to 15.5 feet high. There have been a number of upgrades in recent years, including a newer HVAC, 2 Hi-Efficiency furnaces and electrical upgrades to 600V 3-Phase power. The building was built in 1957 and was later added onto. There are 3 dock level loading doors and a good-sized, fenced compound. Zoned M1. The property is also available for lease for $7.50/sq. ft. per year Net Rent and an estimated $3.50/sq. ft. CAM/Taxes.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 5E
Tax ID/APN: 07021055900
Zoning: M1
Property Located Between: Ellice Avenue & St. Matthews Avenue
Tenancy: Single Tenant
Property Condition: Good
Year Built: 1957
Parking Type: Surface
Amps: 400
Volts: 600
X-Phase: 3-Phase
Heat Type: Natural Gas, Hot Water, Suspended Radiant Heaters
Zoning Description: INMLM - Industrial Light Manufacturing
Lot Frontage: 515
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lots A & C, Plan 23314

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