1340 1st Street North, Brandon, MB

  • 1340 1st Street North, Brandon, MB

56,000 ft²
Multifamily
$1,550,000
Sale


Reno Augellone
Reno Augellone
Avison Young Winnipeg

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Avison young is pleased to offer for sale 100% interest in Northcott Grove Residences. A shovel ready development property located in the south west corner of 1st Street North and Centre Avenue in Brandon, MB. The property is offered for sale at $ 1,550,000 plus GST (100% Share sale of bare trustee company (Land Transfer Tax Savings) (Offered for sale at just over $ 32,000 per unit) All offers to be submitted prior to June 20th and presented to the Vendor as received at the earliest of that date.

  • Land size: 56,000 sf or 1.29 acres - 200 ft frontage along 1st Street North and 280 ft depth
  • Zoning: CG GC – Commercial General (suitable for Multi Residential development)s
  • Shovel ready land with approved plans to build 3 storey walk-ups
  • Approved design to build 2 - 24 unit apartment blocks
  • 48 suites of 2 bedrooms with balconies of 880 sf
  • Part of Phase 3 development adjacent to 2 - 48 suite condo and apartments
  • Ample space for 73 paved parking spots
  • New development agreement signed by current owner
  • City approved new civil and structural engineering plans
  • Site services including water, hydro, gas, phone, lights and paving
  • Waste and storm sewers extended from previous phases ($500,000 value)
  • Landscape design


The Space
Asking Price$1,550,000
Available Space56,000 ft²
SourceBuildout

The Building - Northcott Grove Residences

Brandon, MB

Property TypeMultifamily
Floors3
Building Size56,000 ft²
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Reno Augellone
Reno Augellone
Avison Young Winnipeg
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