Prime storage/warehousing property in a core development zone poised for significant population growth. Income is primarily generated through interior and exterior storage, with additional structures leased to construction firms and other local businesses. Current tenancies offer an attractive income stream with a competitive cap rate. Ample bare land available for additional revenue opportunities or expanding the existing storage business. The area is undergoing major redevelopment, with a new regional hospital under construction just 900 meters from the site and municipal services in progress to support future growth. The recently approved West Vista Terrace, featuring 700 residential units and commercial CRUs, is located just 400 meters away. Vendor willing to provide financing to qualified buyers. All sizes are approximate and should be verified by the buyer. Viewings by appointment only; please refrain from contacting tenants or owners. Zoned C3 - includes C2 uses. (id:47423)
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Detailed Information
Listing Contract Date
2024-12-09
Municipal ID
004-248-376
Ownership Type
Freehold
Property Type
Industrial
Transaction Type
For sale
Zoning Description
C3(Commercial Service)
Zoning
Unknown
Building
Type
Warehouse
Land
Total Size
7.21 acres
Access Type
Road access
Acreage
Yes
Size of Irregular Land
7.21
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