422 Jarvis Avenue

Industrial for Sale
Catylist Listing ID: 30843175
Property Subtypes: Flex Space, Free-Standing
Building Size (RSF): 222,724 SF
Gross Building Area: See Agent
Gross Land Area: 2.77 Acres
Sale Price: $2,400,000
Unit Price: $10.78 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/29/2023

Overview / Comments

Rare opportunity to acquire five-story, stand-alone industrial facility
Situated on the north and south sides of Jarvis Avenue, between Dufferin Avenue and Sutherland Avenue within Dufferin Industrial Area in Winnipeg’s North End just north of CPR Winnipeg Rail Yards
The property spans 2 parcels with a total site area of 2.765 acres and also includes a partially gravelled vacant lot on the north side of Jarvis with a site area of 1.16 acres.
The vacant lot has electrical service with a gravel parking area at the east side use for staff parking, the remaining area to the west is unused with turf and trees.
Purpose built as a cold storage facility with the main floor recently renovated and used as a cannabis production facility
Main floor redeveloped providing 58,906 sf square feet including 1,376 square foot shipping/receiving area
Floor 2-5 undeveloped cold storage warehouse area with a small building manager’s area and an HVAC area on the 2nd level
Phase II ESA completed in 2013

Significant main floor renovations completed between 2014 and 2019 include:

Security systems
Extensive electrical distribution systems including substations and transformers with foundations with specialized lighting infrastructure
Extensive HVAC system with interior and exterior commercial units
Ground-loop geothermal system (servicing specific rooms)
Extensive network of process piping including piping, valves, fitting specialized pumps, tanks and process
Epoxy flooring in some areas
Recent roof repairs
*Further details available upon request

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 14100047400
Zoning: M2

View FullscreenMap


Photograph of Listing Agent

Brett Intrater Personal Real Estate Corporation

Cushman Wakefield | Stevenson CPIX® Member
Photograph of Listing Agent

Ryan Munt Personal Real Estate Corporation

Cushman Wakefield | Stevenson CPIX® Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Winnipeg Regional Real Estate Board nor Moody's assume any liability for errors or omissions.