Unknown Address , , For sale

$1,400,000

Area 70166 sqft
Year Built 1968

About Unknown Address

A long-established third-party logistics (3PL) business operating in Calgary, Alberta, is offered for sale on an asset-sale basis. The business has been in continuous operation for 26 years and has operated from its current warehouse premises since May 1, 2021. The premises offer combined ambient, cooler, and freezer storage capacity, an in-house fleet of straight trucks, a full complement of material handling equipment, and a modern warehouse management system. The business serves a diversified customer base under multi-year contracts, some of which extend to 2030. Operational systems, fleet, equipment, customer relationships, and supplier relationships transfer with the sale. The opportunity is suited to existing 3PL operators expanding capacity or geographic footprint in Calgary, complementary logistics or distribution operators entering the cold-chain or food-grade segment, or financial buyers seeking a stable cash-flowing operating business with significant hard-asset coverage.The business operates from approximately 70,166 square feet of warehouse and office space in an inner-city Calgary location, approximately five minutes from the downtown core. Inner-city industrial premises of this scale are increasingly rare in Calgary, as new industrial supply has been built out almost exclusively in the outer-suburban submarkets. The premises feature a strong combination of dock-level and drive-in loading, generous trailer parking, and direct access to public transit, with LRT and bus stations adjacent to the property. The premises are held under a commercial lease expiring September 30, 2030, assignable subject to the landlord’s consent in the ordinary course. (id:51989)

Features of Unknown Address

  • MLS® Number A2333734
  • Price $1,400,000
  • Square Footage: 70166 sqft

Business

Business Type Industrial Business Sub Type Warehouse

Buildings

Ceiling Height 276 In Constructed Date 1968
Fire Protection Full Sprinkler System Size Exterior 70166 Sqft
Size Interior 70166 Sqft Total Finished Area 70166 Sqft

Land

Acreage No Size Total Text Unknown
Zoning Description I-g

Agents and Offices

  • Ilya Raykhlin
  • Office: RE/MAX House Of Real Estate
  • Aerial
  • Walking Score
What's Nearby

Do you have questions?

Call or text today, we are here to help!

1-403-561-3456