multi-bay industrial warehouse...warehouse 16720:42 110 avenue edmonton, ab sale price:...
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Cushman & Wakefield Edmonton is independently owned and operated / A Member of the Cushman & Wakefield Alliance. No warranty or representation express or implied is mad to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property for properties in question. May 1, 2020
Cushman & Wakefield EdmontonSuite 2700, TD Tower10088 102 AvenueEdmonton, AB T5J 2Z1 cwedm.com
FOR SALE
MULTI-BAYINDUSTRIALWAREHOUSE16720:42 110 AvenueEDMONTON, AB
Sale Price: $2,560,000.00 ($110 per SF)$2,200.000.00 ($94.50 per SF)
23,280 SF ON 1.79 Acres
Kyle BartonAssociate 780 733 6409 [email protected]
Adrian AmbrozukAssociate Partner 780 733 6406 [email protected]
PROPERTYHIGHLIGHTS
Rare opportunity to acquire multi-bay stand-alone industrial building in the Northwest
Ample yard space, low site coverage ratio (30%)
50% of property is currently occupied, tenants month-to-month, purchaser could attempt to renew current tenants or acquire vacant on possession
Great opportunity to demise into smaller bays
Full drive around access
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PROPERTYDETAILS
address16720:42 110 Avenue, NW
Edmonton, AB
legal descriptionLots 15/16, Block 5, Plan 2477KS
zoningMedium Industrial Zone (IM)
neighbourhoodWest Sheffield Industrial
building typeMulti-Bay Industrial
site size1.79 Acres
site coverage ratio30%
year built1971
available sizeWarehouse: 23,280 SF
Mezzanine: 1,834 SFTotal: 25,114 SF
loading10 Grade loading doors
9 (14’H x 12’W)1 (14’H x 14’W)
powerWest Building: 600 amp,
120/208 AC Volt, 3 PhaseEast Building: 400 amp,
115/230 AC Volt, 3 Phase
cranesOverhead 5 ton crane
Multiple overhead 1 ton cranesMultiple Jib cranes
ceiling height16’ Clear
parkingAmple
sale price$2,200,000.00 ($94.50 per SF)
taxes (2019)$67,023.65 ($2.88 per SF)
ADDITIONAL BUILDINGFEATURES
• Two separately titled buildings with party wall agreement
• Investor or owner/user opportunity - building currently 50% occupied with
tenants month-to-month
• Building could be acquired vacant on possession, or investor could attempt
to sign current tenants to market leases (tenants have indicated an interest in
staying in the building)