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Status:
Active
Prop. Type:
Industrial
MLS® Num:
C8079259
Build. Type:
Warehouse
Receivership Sale. Opportunity to acquire a strata titled unit in the Progress Way Business Centre, completed by Beedie Group in 2023, containing a total gross floor area of 19,517 sq.ft., including 2,979 sq,ft, of mezzanine space. The subject unit is serviced by two truck level doors and one drive-in door, with 32' clear ceilings, 3-phase (2,500 amps at 347/600 volt) power, ESFR sprinklers, high efficiency LED lighting fixtures, gas-fired unit heaters, and circulation fans. The subject unit shares a surface parking lot with the other six units in the complex, with 17 designated parking spaces for the subject unit. The subject unit is being sold as-is-where-is, and all offers are subject to court approval.
Sale Type:
Asset
Ownership:
Strata
Property Type:
Industrial
Commercial Type:
Industrial
Construction:
Concrete, Tilt-Up
Name of Complex/Subdivision:
Progress Way Business Centre
Num Storeys:
2
Building Type:
Warehouse
# Bldgs:
1
Living Area:
19,517 sq. ft.
Mezzanine Size:
2,979 sq. ft.
Wrhse Size:
16,538 sq. ft.
Class Of Space:
Class AAA
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Parcel Number:
031852220
Taxes:
$89,529.41 / 2025
Dock Loading, Mezzanine
No
Security System
# Docks:
2
# Grade Doors:
1
# Loading Doors:
3
Ceiling Height:
32'
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by NAI Commercial
Data was last updated June 3, 2026 at 01:40 AM (UTC)
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