1500 Wall
Industrial
for Sale
Catylist Listing ID: |
30644540 |
Property Subtypes: |
Light Industrial
|
Building Size (RSF): |
13,200 SF
|
Gross Land Area: |
26,694 SF
|
Sale Price: |
$1,100,000 |
Unit Price: |
$83.33 PSF |
Ceiling: |
14 ft. |
Docks/Doors: |
7 Doors |
Office SF: |
1,600 SF |
Property Use Type: |
Investment |
Usable Size (USF): |
13,200 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
6.8% |
Average Occupancy Rate: |
99 |
Last Updated: |
2/16/2021 |
Overview / Comments
1500 Wall Street is located in the West End of Winnipeg. There are 2 Wood Frame buildings constructed in 1947. The primary industrial building has various ceiling heights ranging from 10 to 14 feet. A secondary office building has 2 stories and fronts on Wall Street. Close to downtown Winnipeg and to major arteries of Portage Avenue and Route 90.
|
Financials
Finance Data Year |
2020 |
Real Estate Taxes - Annual($) |
$19,206 (Annual) |
Gross Operating Income |
$118,920 (Annual) |
Net Operating Income |
$69,543 (Annual) |
Actual or Proforma Year |
Actual |
Additional Details
Nearest MSA: |
Winnipeg |
Market: |
Winnipeg |
Submarket/Township: |
5C |
Taxing Authority: |
City of Winnipeg |
Tax ID/APN: |
013011606000 |
Zoning: |
M2 |
Property Located Between: |
Richard and Notre Dame |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
2 |
Number of Stories: |
2 |
Property Condition: |
Fair |
Construction/Siding: |
Wood Frame |
Exterior Description: |
Stucco |
Parking Type: |
Surface |
Sprinklers: |
None |
Amps: |
200 |
Volts: |
600 |
Heat Type: |
Natural Gas |
Lighting: |
Fluorescent |
Zoning Description: |
M2 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Easements: |
Utilities |
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