REDEVELOPMENT POTENTIAL
LOFT-STYLE WAREHOUSE BUILDING FOR SALE

83 KATE STREET

WINNIPEG, MB

Click on picture for full size
Click on picture for full size
 
DESCRIPTION Built in 1909, this 5 storey loft-style industrial building has been the home of Keystone Storage Warehouse since 1977 and is now suitable for redevelopment.  This remarkably solid building with attached parking lot for approx. 47 vehicles has concrete floors & mushroom columns, stone foundation and masonry brick exterior.  It has approx. 8,082 sq. ft. per floor for a total of 40,410 sq. ft. not including the full unfinished basement.  All levels are mostly open space with concrete columns and ceiling heights of between 10 to 12 ft. with the exception of the 2nd floor which has 54 separate masonry enclosed storage vaults and a small electrically heated office area with washroom on the main floor (the only area which is heated in the building).  The building is serviced by a large central freight elevator, an interior staircase on the south side, a central fire alarm system, a 400 amp electrical service and a 9’ W x 10’ H overhead door at grade.
LOCATION Access from 2 streets and 1 laneway in Downtown Winnipeg between the Exchange District and Health Sciences Centre and just north of McDermot Avenue.  The immediate area is made up of a mix of older and redeveloped loft-style industrial buildings, a heavily populated residential neighbourhood as well as Ronald McDonald House and Hugh John McDonald School.
SQUARE FOOTAGE 40,410 approx. total plus full basement
LOT SIZE 67.39’ x 265.7’ approx. or 22,854 sq. ft or ½ acre (irregular)
PARKING 1/3 acre vacant land at the rear of the building;  approx. 47 stalls
ASSESSMENT $168,300 (2003)
TAXES $8,711.70 (2003)
ZONED RM-L (Multiple-Family District)
LEGAL DESC./TITLE SP Lot 90, Plan 32423, Lot F/G, Plan 447, title # 1398355
SP Lot 89, Plan 32423, title # 1398394
ASKING PRICE $495,000.00

 "This information, although believed to be accurate, is not warranted to be so".

 

Klaus FischerRE/MAX Real Estate - Commercial

KLAUS FISCHER

RE/MAX Performance Realty
942 St. Mary's Road
Winnipeg, Manitoba R2M 3R5
Canada
Ph: (204) 981-3224
Toll Free: 1 (800) 267-0794
Fax: (204) 477-0342
E-mail: kf@kfcommercial.com
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