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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