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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Contact

Photograph of Listing Agent

Wayne Johnson

Royal LePage Dynamic Real Estate
CPIX® Member
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