Self-Storage Business and Real Estate Opportunity

Vacant Land for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30169017
Property Subtypes: Agricultural, Industrial, Self Storage, Other
Gross Land Area: 102.20 Acres
Sale Price: $5,500,000
Unit Price: $53,816 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/10/2018

Overview / Comments

Colliers’ National Investment Services in Winnipeg is pleased to announce that it has been retained to act as the exclusive agent in the sale of 2850 Saskatchewan Avenue in Winnipeg, Manitoba. This investment offering provides the opportunity to acquire a mature self-storage business located in the CentrePort South area of Winnipeg in close proximity to the Winnipeg Airport noting that the existing self-storage business only occupies approximately 29 acres leaving 73 acres of excess unserviced development land.
Offered for sale at $5,500,000 ($55,000 per acre). All offers are to be submitted to Colliers International and will be considered by the Vendor as received.

Features :

• Investment flexibility to acquire and manage a mature self-storage business in the CentrePort South area of Winnipeg and earn a reasonable holding period return as the broader but significant land parcel matures;
• Value enhancement opportunity through the investment in an expansion of the existing self-storage business which currently occupies only approximately 29 acres of the 102 acre site leaving roughly 73 acres of excess unserviced development land;
• Located adjacent to the Winnipeg Airport and in close proximity to Murray Industrial Park and CentrePort Canada Way; and
• Forms part of CentrePort Canada, North America’s largest inland port offering unique access to tri-modal transportation, including three Class I railways, a 24/7 global air cargo airport, and an international trucking hub.

For more information, contact Colliers at 204-943-1600 or visit www.collierscanada.com/winnipeg.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 5J
Zoning: A


Contact

Photograph of Listing Agent

Donald White

Colliers International - Don White
CPIX® Member
Photograph of Listing Agent

Clarise Mare

Colliers International
CPIX® Member
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