30 Marvin St - Manufacturing FOR SALE


Wilmot, ON N3A 4H8
$7,750,000 CAD
416-673-4030
30 Marvin St, Wilmot, ON for Sale
$7,750,000 CAD
Manufacturing - FOR SALE
1/1
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30 Marvin St
Wilmot, ON N3A 4H8


HIGHLIGHTS

  • Approximately 430 ft on Marvin Street.
  • One point of ingress and one point of egress on Marvin Street.
  • Approximately 40 car parking stalls at the north elevation of the site and approximately 25 truck stalls within the gated lot

OVERVIEW

Avison Young Commercial Real Estate Service, LP (the “Advisor”) has been exclusively retained by MNP Ltd., in its capacity as Court-appointed Receiver (the “Receiver”), to offer for sale 30 Marvin Street, New Hamburg, ON (the “Property”). The Property presents the opportunity to acquire a vacant 36,186 sf industrial building on 1.7 acres. The Property features 2 drive-in doors and 1 truck-level door, with a clear height of 16 feet. The single-storey industrial building includes 3,930 sf of office with parking to the west. Located in the community of New Hamburg with a population of approximately 14,000, the Property is just 10 minutes west of the City of Kitchener and 20 minutes east of the City of Stratford. It benefits from access and exposure to Highway 8, and proximity to various amenities including quick-service restaurants, grocery stores, parks and a recreation centre. It is 4 minutes from New Hamburg’s downtown area and its many shops, restaurants, services and government offices.

FOR SALE DETAILS

PRICE

$7,750,000 CAD

PRICE/SF

$261 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

3

DRIVE INS

1

PARKING SPACES

16

LAND DETAILS

LAND ACRES

5.68

LAND SF

247,421

ZONING

E2-96

APN/PARCEL ID

301805001618700

ASK ABOUT THIS PROPERTY

Kelly AvisonAvison YoungMore Info
416-673-4030

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Kelly AvisonAvison YoungMore Info
416-673-4030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.