INDUSTRIAL CONDO UNITS

 FOR SALE BY TENDER

 

Units 1 and 2, 90 Rankin St, Waterloo

 Saturday December 12 at 10:00 AM

 

Units to be sold separately.

 

1-90 Rankin: 1000 square feet – Light industrial, warehouse and office space.  Currently set up as an office. Finished office area includes: conference room; kitchenette; washroom; mezzanine area for additional storage. 12 foot roll up door; 3 phase power; fully upgraded LED lighting; efficient gas heating and air conditioning. Yearly property taxes for 2020: $3,818.30. Condo fees are $300/month. Gas $63/month (3year average); Hydro $87/month (3 year average).

 

2-90 Rankin: 1000 square feet – Light industrial, warehouse and office space. Currently set up with 75% warehouse space and approx. 25% office space. Washroom including shower (electric water heater).  Mezzanine above the office area. Office area is heated by an electric wall heater.  Warehouse area is heated by a natural gas space heater.  12ft roll up door to the warehouse space; 3 phase power.  Yearly property taxes for 2020: $3,879.39. Condo fees are $300/month.

 

Great opportunity to purchase one or two condo units. Close to Hwy 85 and public transit.  Flexible configuration for light industrial, warehousing and office space. Zoning Industrial Two or 12

 

Terms: Properties will be sold by tender, subject to a reasonable reserve bid with $10,000.00 down payment due at time of tender (payable to Jantzi Auctions Ltd. By bank draft) and the balance in 60 days or sooner, when possession is given.

 

For more info, and for a tender package call 519 502 5941