Catylist ID:
#30543594
28,785 SF BUILDING ON 1.29 ACRES M2
Industrial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30543594 |
| Property Subtypes: | Free-Standing, Warehouse/Distribution |
| Status: | Pending/Contingent |
| Building Size (RSF): | 28,785 SF |
| Gross Land Area: | 56,137 SF |
| Sale Price: | $2,495,000 |
| Unit Price: | $86.68 PSF |
| Ceiling: | 18 ft. |
| Docks/Doors: | 3 Docks, 4 Doors |
| Office SF: | 3,180 SF |
| Drive In Bays: | 1 Bay |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | OFFICE SHOWROOM WAREHOUSE - AVAILABLE NOW |
| Usable Size (USF): | 28,785 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/26/2021 |
Overview / Comments
|
High profile and centrally located 669 Century Street building was built in four stages and has had the same owner and tenant for many years. The tenant has relocated to larger premises and possession can be quick. The building is solid and divided into a two storey front office, a midsection of showroom/warehouse (23' peak) plus a heated, well lighted, main warehouse (18' clear most, +-15' clear lower) with grade and dock level loading (10' x 10' + 9' x 10' doors). Main warehouse column spacing is about 29' x 24'. Land size is 1.29 acres of M2 zoned land on high traffic Century Street between Sargent and Ellice Avenues. Much of the site is paved and significant paved land storage is available at the east of the main warehouse. A rendering shows 41 parking stalls. |
Attachments & Media
Additional Details
| Nearest MSA: | Winnipeg |
| Market: | Winnipeg |
| Submarket/Township: | 5D |
| Taxing Authority: | Winnipeg |
| Tax ID/APN: | 007R569003600 |
| Zoning: | M2 |
| Property Located Between: | Ellice and Sargent Avenues |
| Highway Access: | Century Street is Route 90, a major north south corridor. |
| Airports: | Winnipeg James Armstrong Richardson International |
| Site Description: | level, paved, land drainage sewer, loading docks. Part fenced. |
| Area Description: | Dynamic neighbourhood in proximity to Winnipeg Airport and Polo Park Regional Shopping Center. Land uses nearby are in transition from past industrial to hospitality and retail. This is a central Winnipeg location for contractors, warehouse/distributors/manufacturers. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 27,195 SF |
| Property Condition: | Average |
| Year Built: | 1972 |
| Roof Type: | Flat |
| Construction/Siding: | Block, Brick, Metal Siding |
| Exterior Description: | Exterior walls are mix of painted concrete block, brick and metal. Doors are metal, windows mostly of painted wood frames. Good opportunity for signage exposed to high traffic flows. |
| Parking Type: | Surface |
| Parking Description: | As seen in photos parking is available north and east of the building and main shipping docks are at the south. |
| Eave Height: | 16 |
| Column Spacing: | 29'5" x 24' |
| Overhead Cranes: | Undisclosed |
| Sprinklers: | None |
| Amps: | 225 |
| Volts: | 600 |
| X-Phase: | single |
| Heat Type: | Natural Gas, Space Heaters |
| Heat Source: | Ceiling Units |
| Air Conditioning: | Evaporative Cooler |
| Lighting: | Incandescent |
| Interior Description: | The front 2 storey is improved and used as offices, washrooms, lunchroom and file storage. The mid building has a large, bright showroom and order desk for wholesale customers with adjacent supporting staff offices and an open heated warehouse. Within this mid building is also significant mezzanine storage area for lighter material. The main warehouse is heated, well lighted and has the majority of its space at an 18' height while the southern end that was added at a later date is lower, about 14'8". Four good loading docks have access to the main warehouse, three of which are dock level and one good at grade with ramp. Within the warehouse is a shipping admin area and all overhead doors function manually. Overhead blowers provide heating, power is ample for the long time use and interior perimeter walls are insulated. |
| Zoning Description: | M2 |
| In Flood Plain?: | Yes |
| Lot Frontage: | 195 |
| Lot Depth: | 293 |
| Water Service: | Municipal |
| Sewer Type: | Municipal, Storm |
| Easements: | Other |
| Easements Description: | Only one typical mortgage charge is registered on title. |
| Land Ownership: | Fee Simple |
| Legal Description: | PARCELS "A", "B" AND "C" PLAN 37795 WLTO EXC OUT OF PARCELS "B" AND "C", ALL MINES AND MINERALS, MINERAL OILS PETROLEUM, GAS, COAL AND VALUABLE STONE, IN, UPON OR UNDER THE SAID LAND AND THE RIGHT TO ENTER AND REMOVE THE SAME, IN RL 40 AND 41 PARISH OF ST JAMES |
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