694 Logan

Industrial for Sale
Catylist Listing ID: 30463530
Property Subtypes: Flex Space, Food Processing, Free-Standing, Mixed Use, Light Industrial, Office Showroom
Building Size (RSF): 7,825 SF
Gross Building Area: See Agent
Gross Land Area: 9,836 SF
Sale Price: $453,777
Unit Price: $57.99 PSF
Docks/Doors: 1 Door
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/16/2020

Overview / Comments

Property is under Power of Sale. High traffic location within walking distance to the Health Science Centre. There is a nice sized office space as you enter the building, men's and woman's bathrooms as well as staff staff kitchen/lunchroom. The building has a loading door. As per appraisal report done in 2018 the current market value of the property is estimated at $660,000 “as is” and $1,000,000 “as renovated”...Property is under power of sale by the Mortgage Lender, must be sold, open to offers.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 5A
Taxing Authority: Winnipeg
Tax ID/APN: 2019 Taxes: $9264.00
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1961
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 4
Sprinklers: Wet
Amps: 200
X-Phase: 1
Heat Type: Natural Gas
Air Conditioning: Window Unit
Lighting: Fluorescent
Water Service: Municipal
Sewer Type: Municipal

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Photograph of Listing Agent

David Meyer

Royal LePage Prime Real Estate
CPIX® Member
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