26 Portage Avenue
$60,000

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The property is a 2.75 acre vacant industrial lot measuring 300’ X 400’ in a highly visible location at the intersection of two major arteries: Calder Ave and Portage Ave. The corner location makes for great truck access.

It is zoned M Industrial which allows for a number of uses including truck depot, manufacturing, trade shops, vehicle sales, rentals and repairs.

There is a possibility of upgrading the zoning to General Commercial, which also allows for lumber and building supply stores, service stations, and conditionally restaurants and motels.

This large lot could be developed by subdividing it into several smaller lots.

The Vendor has conducted on-site environmental assessment work. Upon prospective purchasers executing a Confidentiality Agreement, Imperial will provide access to a “Confidential Data Room” which will contain, among other documents, relevant environmental reports and the Vendor’s standard form Offer to Purchase (OTP). The information provided in the Data Room is for information only, and the Vendor makes no warranties or representations regarding the accuracy of that information. Accordingly, the Purchaser will be encouraged to review these reports and the OTP (including the schedules attached to the OTP) prior to submitting an Expression of Interest. The property will be sold on an “as is, where is” basis. The Vendor will not be completing any further environmental assessment work or providing a Record of Site Condition for the property prior to closing.

Details

  • Address
    26 Portage Avenue
  • Location
    Ft. Smith
  • Price
    $60,000
  • Type
    Vacant Lots
  • Lot Size
    2.75 Acres

Location

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MONTHLY PAYMENTS ARE BASED ON A FIVE (5) YEAR TERM AT A RATE OF 5%. CMHC FEES INCLUDED.