354 Old Airport Road $2,270,000 Plus GST
A rare opportunity: three commercial buildings on a single large lot in a highly visible location on busy Old Airport Road.
The main building has 8825 sq ft of retail/wholesale space and there are also two separate service and repair shops in back, one of which has a fenced compound while the other provides lease income.
The lot is 80,000 sq ft in size (being rectangular with 200’ street frontage and 400’ deep). The entire property is flat and level from front to back. It is zoned CS (Commercial Service) which allows for a wide range of uses.
The main building facing Old Airport Road is actually two buildings that have been joined at the front. Both buildings were originally built in the 1970s but extensively renovated in 2012. The right hand side is 50’ X 100’ in size with 12’ ceilings and the left hand side is a 36’ X 100’ retrofitted Quonset building with a domed ceiling. They are joined by a 15’ x15’ passageway and have been finished as a single retail store, although the two sections could be easily subdivided. It was most recently a Yamaha/Polaris/Lund store.
The first building has a concrete slab on a gravel pad foundation, with concrete perimeter footings, 2” X 6” (R20) wood framed walls with metal siding, a metal roof insulated to R40, 12’ ceilings, 8’ OH door, 2 oil fired boilers linked to a hot air ducting system, and a 200 amp electrical system. The bulk of the space is finished as an indoor showroom, but there are also 3 offices, 2 two piece washrooms and a staff kitchenette. There is a 15’ X 15’ annex connecting it to the adjacent building.
The adjoining second building also has concrete slab on a gravel pad foundation, with concrete perimeter footings and is a Quonset with Gyprock finished, plywood lined R28 metal walls and domed roof. The heating system is linked to next door but has its own 200 amp electrical service. It is finished with a retail area and sales counter in the front end, with parts and inventory storage in the rear where there is another 8’ OH door.
There are two service shops at the rear of the property.
The shop in the west corner is 5363 sq ft in size being 50’ X 100’ with an 11’ X 33’ rear addition housing the mechanical room. It is currently under a long term lease with Autotec, Yellowknife’s Toyota dealership as a service and repair centre combined with a small sales office.
The Autotec garage has a concrete pad and footings, 2” X 6” (R20) wood framed walls with metal siding, a metal roof insulated to R40, 14’ ceilings, 12’ and 8’ OH doors, an oil fired forced air furnace and a backup waste oil burning overhead space heater, a 100 amp electrical system, and 2 two piece washrooms, with a reception and sale sales area and an office in the front and another modest office with an OH parts mezzanine inside the garage portion of the building.
The shop in the east corner is 2500 sq ft in size with dimensions of 50’ X 50’. It is located inside its own fenced compound providing secure outdoor equipment storage. The building is set up as a service and repair shop and was used by the Yamaha dealer but is easily repurposed for any general industrial use.
The ex-Yamaha service shop has a concrete pad and footings, 2” X 6” (R20) wood framed walls with metal siding, a metal roof insulated to R40, 12’ ceilings, three 10’ OH doors, an oil fired forced air furnace and a backup waste oil burning overhead space heater, 200 amp electrical service, one 2 piece washroom, and an air compressor unit.
Address354 Old Airport Road
Price$2,270,000 Plus GST
Lot Size80,000 Sq. Ft.