38129 Highway 1 West (Cobalt Industries)

Industrial for Sale
Catylist Listing ID: 30809991
Property Subtypes: Manufacturing
Building Size (RSF): 35,000 SF
Gross Building Area: See Agent
Gross Land Area: 19.26 Acres
Sale Price: $4,650,000
Unit Price: $132.86 PSF
Ceiling: 42 ft.
Office SF: 2,400 SF
Property Use Type: Investment, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/29/2023

Overview / Comments

PRICED ADJUSTMENT! Investment property for sale in the RM of Portage La Prairie along the east side of Can-Oat Drive. Leased to Cobalt Industries until December 31, 2031.

19.26 acre land with a 35,000 sq. ft. building. Features steel frame buildings with metal sloped roofs, In-floor heat, electric forced air furnaces, central air, heavy commercial ventilation, air make-up systems and 7 overhead loading doors. Includes a 2,400 sq. ft. of developed office space and opportunity to further develop the property's excess land. Property was built in 2012 with improvements added in 2015 and 2018.

Cobalt was formed in 2011 and specializes in high-calibre welding and metal fabrication (CNC), millwright, and structural maintenance services. Its main customers are in the industrial processing and commercial construction sectors throughout Manitoba and Saskatchewan.

Attachments & Media

Additional Details

Nearest MSA: Portage la Prairie
Market: Winnipeg
Tax ID/APN: 302615.000
Year Built: 2012
Year Renovated: 2018
Parking Type: Surface

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Dino Alevizos Personal Real Estate Corporation

Shindico Realty Inc. CPIX® Member
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