User and/or Investment Opportunity

Industrial for Sale
Catylist Listing ID: 30633341
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Truck Terminal, Other
Building Size (RSF): 29,162 SF
Gross Land Area: 4 Acres
Sale Price: $4,500,000
Unit Price: $154.31 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/15/2021

Overview / Comments

Rooted in the St. Boniface Industrial Park, the property is located along a high traffic thoroughfare with traffic volumes of over 23,000 vehicles per day
- Owner user or investment property long term
- Busy Tim Horton’s location, one of only a couple restaurants servicing the area
- In place NOI ~$250,000
- Industrial building comprised of 6 units of approximately 2,400 sf each, 1 unit of approximately 4,800 sf and 1 unit of approximately 7,200 sf
- 800 AMP 3 phase in industrial building
- 400 AMP for outside parking stalls
- Surveillance camera/LED lighting built in 1987
- Quality tilt up precast insulated concrete with
- 20 OH doors: 12 ft x 14 ft high
- Phase I 2019 report available (no further testing required)
- Parking: 42 cars

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 3K
Tax ID/APN: 06050233000
Zoning: M1
Tenancy: Multiple Tenants

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Photograph of Listing Agent

Wes Schollenberg

Avison Young Commercial R.E.(Manitoba)
CPIX® Member
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