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Investment Highlights
- Great visible location; class bow strung roof construction.
- Highly attractive seller financing.
- Parking: 4 large grade doors; excellent for auto use.
Executive Summary
This is a excellent opportunity for an owner/user. 6000 sf building with 4 grade doors and lots of parking on a 10,000 sf lot. 14' ceiling light three phase power; older office/bathroom. Great location on SE 12th just south of Hawthorne so good visibility and access to all parts of the city. The building was a long time transmission shop and has a grandfathered auto use which is very broad. Other uses would need to go through the city's non-coforming use process which has been done before and not a difficult process.
The best part of the this deal is the seller has current very attractive seller carried financing at 5% that can be transferred to a new owner.
The best part of the this deal is the seller has current very attractive seller carried financing at 5% that can be transferred to a new owner.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,705,300 CAD | Rentable Building Area | 6,000 SF |
| Price Per SF | $284.22 CAD | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1958 |
| Sale Condition | Building in Shell Condition | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.5/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 15’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.23 AC | ||
| Zoning | RM2 - The Zoning is RM2. Has auto repair/service/industrial use grandfathered. Other uses very possible with approval by city of non-conforming use process. | ||
| Price | $1,705,300 CAD |
| Price Per SF | $284.22 CAD |
| Sale Type | Owner User |
| Sale Condition | Building in Shell Condition |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 0.23 AC |
| Rentable Building Area | 6,000 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Tenancy | Single |
| Parking Ratio | 2.5/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | RM2 - The Zoning is RM2. Has auto repair/service/industrial use grandfathered. Other uses very possible with approval by city of non-conforming use process. |
Amenities
- Bus Line
- Signage
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Exceptionally walkable
100/100
Moderately drivable
60/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | R276123 | Total Assessment | $479,641 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$6,000 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
R276123
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$479,641 CAD
Annual Taxes
-$6,000 CAD (-$1.00 CAD/SF)
Tax Year
2025
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1737 SE 12th Ave
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