5 Sutherland Avenue

Vacant Land for Sale
Catylist Listing ID: 30732955
Property Subtypes: Industrial, Multi-Family
Gross Land Area: 4.30 Acres
Sale Price: $2,150,000
Unit Price: $500,000 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/26/2021

Overview / Comments

Opportunity to acquire a premium ±4.3 acre riverfront site on the corner of Sutherland Avenue and Higgins Street. Situated on the corner of Sutherland and Higgins, and only a five minute drive north of Winnipeg’s Central Business District. On-going redevelopment of nearby properties is an encouraging neighbourhood trend.
The property is currently leased to Brown & Rutherford, who operate as a distributor of building products. Brown & Rutherford is owned by Gillfor Distribution Inc. Gillfor is the parent company of OWL Distribution, Mcilveen Lumber Industries and OWL Distribution Inc., which operate 6 distribution centers and 2 reload facilities across Canada. For more information about Gillfor please visit www.gillfor.com

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 4A
Tax ID/APN: 14000011500
Zoning: M1, C2

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Contact

Photograph of Listing Agent

Murray MacRae

Colliers International - Murray MacRae
CPIX® Member
Photograph of Listing Agent

Gary Goodman

Colliers International
CPIX® Member
Photograph of Listing Agent

Dan Bushuk

Colliers International
CPIX® Member
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