Deacon's Corner

3,000 Sqft - 12460 Deacon Road, Dugald, Manitoba

$2,000,000

ESTABLISHED COMMERCIAL HIGHWAY PROPERTY WITH STABLE INCOME STREAM & ADDITIONAL DEVELOPMENT OPPORTUNITY

INVESTMENT HIGHLIGHTS

Deacon’s Corner represents the opportunity for a purchaser to acquire a property with the following highly sought-after investment and development characteristics:

  • Perfect for car or truck dealership, developer building flex-commercial space, light warehouse, showroom
  • Excess land is just over (+/-) 1.3 acres, leaving room for a 16,000 square foot building with 30% site coverage
  • Built in 2015, the 3,000 square foot CRU is fully leased to Subway and Little Caesars, with terms extending into 2025 and 2028, respectively
  • Additional revenue from both an easement agreement with the neighbouring Tim Hortons property and the existing pylon signage, with opportunity for revenue growth by leasing remaining sign panels to new tenants
  • Investors can build to suit for existing tenant, build for their own business or build on spec to attract new businesses interested in joining the existing busy corner
  • Deacon’s corner is offered for sale with no debt to be assumed, it is “free & clear”, allowing prospective purchasers the opportunity to take advantage of historically low mortgage rates

More Details

Property Type

Investment

Listing Type

Sale

Area Available

2.32 Acre

Listing Details

Property Type

Investment

Land Area

2.32 Acres

Sale Price

$2,000,000

Listing Type

Sale

Area Available

2.32 Acre

Property Taxes

$21,113.57

Rate Type

Zoning

CH

                
                
                
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Country

CA

Province

MB

City

Dugald

Street

12460 Deacon Road

Longitude

E0° 0' 0''

Latitude

N0° 0' 0''