1169/1175 Sherwin Road
Industrial
for Sale
Catylist Listing ID: |
30808582 |
Property Subtypes: |
Flex Space, Industrial-Business Park, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution
|
Building Size (RSF): |
96,431 SF
|
Gross Land Area: |
3.90 Acres
|
Sale Price: |
$1 |
Unit Price: |
$0 PSF |
Ceiling: |
20 ft. / 17 ft. Clear |
Docks/Doors: |
14 Docks, 14 Doors |
Property Use Type: |
Investment |
Building Name: |
1169/1175 Sherwin Road |
Sale Terms: |
Undisclosed |
Cap Rate: |
Undisclosed |
Last Updated: |
8/10/2022 |
Overview / Comments
Fully leased 96,431 +/- sq. ft. industrial warehouse/office building for sale in the St. James Industrial Park. The property is 100% occupied offering income stability along with potential to add significant value through new leasing and renewals (current base rents are below marketing average).
The St. James district has the highest concentration of industrial space in the City of Winnipeg and the northwest quadrant is the fastest growing segment for industrial sites.
Please Note: The quoted sale price is not the actual sale price. The actual sale price is to be determined. Please contact agent.
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Current Tenants
Tenant Business Name |
Macmor Industries |
SF of Space Occupied |
58,634 SF |
Tenant Business Name |
W.J. Pariseau Sales Ltd. |
SF of Space Occupied |
37,797 SF |
Additional Details
Nearest MSA: |
Winnipeg |
Market: |
Winnipeg |
Tax ID/APN: |
07010753500 |
Zoning: |
M2 - INDUSTRIAL |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
1 |
Number of Stories: |
2 |
Typical SF / Floor: |
93,589 SF |
Property Condition: |
Good |
Year Built: |
1970 |
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