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B.C. INDUSTRIAL PORTFOLIO

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B.C. INDUSTRIAL PORTFOLIO
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Listing was updated on: 07/18/2023
location icon 5130 Park Avenue, Terrace, BC, Canada
Industrial / Industrial for Sale
19328.00 sqft
from April 26, 2023
Description

FULLY TENANTED SINGLE-STOREY INDUSTRIAL BUILDING WITH EXCESS LAND
INDUSTRIAL DEVELOPERS AND INVESTORS - Offered for sale as a part of a Portfolio of Industrial Properties in BC. This portion of the portfolio includes a large industrial property located in Terrace, BC. The property is approximately 5.52 acres and has a single stand-alone commercial building with 6 fully tenanted units totalling 19,328 SF. The excess land on this property gives the potential for further redevelopment. The
property is currently zoned C3 – Service Commercial which would allow redevelopment of up to 240,450 SF based on a FAR of 1.0. This tenanted building is income generating and can provide an investor with ongoing cash flow.

The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.