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30 Marvin St 29,730 SF Vacant Industrial Building Wilmot, ON N3A 4H8 $5,633,823 USD ($189.50 USD/SF)
INVESTMENT HIGHLIGHTS
- Approximately 430 ft on Marvin Street.
- Approximately 40 car parking stalls at the north elevation of the site and approximately 25 truck stalls within the gated lot
- One point of ingress and one point of egress on Marvin Street.
EXECUTIVE SUMMARY
Avison Young Commercial Real Estate Service, LP (the “Advisor”) has been exclusively retained by MNP Ltd., in its capacity as Court-appointed Receiver (the “Receiver”), to offer for sale 30 Marvin Street, New Hamburg, ON (the “Property”). The Property presents the opportunity to acquire a vacant 36,186 sf industrial building on 1.7 acres. The Property features 2 drive-in doors and 1 truck-level door, with a clear height of 16 feet. The single-storey industrial building includes 3,930 sf of office with parking to the west.
Located in the community of New Hamburg with a population of approximately 14,000, the Property is just 10 minutes west of the City of Kitchener and 20 minutes east of the City of Stratford. It benefits from access and exposure to Highway 8, and proximity to various amenities including quick-service restaurants, grocery stores, parks and a recreation centre. It is 4 minutes from New Hamburg’s downtown area and its many shops, restaurants, services and government offices.
Located in the community of New Hamburg with a population of approximately 14,000, the Property is just 10 minutes west of the City of Kitchener and 20 minutes east of the City of Stratford. It benefits from access and exposure to Highway 8, and proximity to various amenities including quick-service restaurants, grocery stores, parks and a recreation centre. It is 4 minutes from New Hamburg’s downtown area and its many shops, restaurants, services and government offices.
PROPERTY FACTS
| Price | $5,633,823 USD | Rentable Building Area | 29,730 SF |
| Price Per SF | $189.50 USD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1975 |
| Property Type | Industrial | Parking Ratio | 0.54/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 14’ |
| Building Class | B | No. Dock-High Doors/Loading | 3 |
| Lot Size | 5.68 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | E2-96 - Employment, Exception 96 | ||
| Price | $5,633,823 USD |
| Price Per SF | $189.50 USD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 5.68 AC |
| Rentable Building Area | 29,730 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Parking Ratio | 0.54/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | E2-96 - Employment, Exception 96 |
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30 Marvin St
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