19,200 ft²Industrial$2,900,000Sale
19,200 ft²
Industrial
$2,900,000
Sale
William Hachey
Avison Young - CA - NS - Halifax
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The subject property is a stand alone, steel frame, industrial building on one of Burnside's main thoroughfares with approximately 16,800 sf of multi-use commercial space on the main level and a sizeable 2,400 sf concrete mezzanine consisting of multiple offices. The structure is cladded with metal siding and a metal roof. The property is situated on a 1.1 acre lot, allowing for parking and loading on either side of the building. Recent repairs include $20,000 spent on the roof and the installation of a new oil tank. The interior is divided into five separate units with a mixture of two dock and two grade loading doors. The property enjoys I-2 Zoning, which allows for a wide variety of potential uses. Mechanical systems include six oil-fired furnaces and baseboard heat. The building is currently occupied by five separate tenants on month-month leases. There is potential to keep the building as multi tenant or convert to a an owner-occupier building.
- Stand-alone, multi-tenant building on Windmill Road;
- Potential for conversion to a single tenant application;
- Five tenants on month-to-month and short leases;
- Excellent opportunity to purchase a revenue-generating asset in a prime location, with lots of development planned nearby;
- In place rents are substantially lower than 'market' potential.
The Space
Asking Price$2,900,000
Available Space19,200 ft²
SourceBuildout
The Building - REDUCED - 473 Windmill Road
Burnside is THE location for industrial business. It is the largest industrial park north of Boston and east of Montreal, with almost 2,000 businesses and approximately 30,000 employees working in the park daily. It is a centrally located urban industrial park. adjacent to five 100- series highways. Burnside businesses are located within 10-15 minutes travel time to the downtown core of Halifax, the Halifax International Airport, and the Port of Halifax. The park is also adjacent to Dartmouth Crossing providing staff, tenants and customers with a wide variety of retail amenities.
Property TypeIndustrial
Floors2
Building Size19,200 ft²
Lot Size1.10 AC
Year Built1975
Building ClassC
Up to $500K for Nova Scotia businesses
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