530 Lacolle Way FOR SALE. Taylor Creek Business Park. Industrial Warehouse Distribution Building. Ottawa, Ontario

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1 FOR SALE Industrial Warehouse Distribution Building 530 Lacolle Way Taylor Creek Business Park Ottawa, Ontario ED BELANGER Associate Vice President Sales Representative

2

3 EXECUTIVE SUMMARY Colliers International has been retained as Exclusive Sales Representative for the sale of 530 Lacolle Way, Ottawa, Ontario. The subject site is improved with a free-standing 1-storey industrial-office building with a total Gross Floor Area ( GFA ) of 22,500 square feet. The building, built in 2010, is designed as a single user configuration comprised of 21,000 square feet of warehouse space and 1,500 square feet of office space. The building also includes an unfinished/open mezzanine space of 1,500 square feet directly above the office space. The property is located in the Taylor Creek Business Park in Ottawa s east end, an 85 acre Business Park bordered by Highway 174 to the North, Trim Road to the East and St-Joseph Boulevard to the South. The park is completely sold-out. Land use in the park consists of light industrial developments. This purchase opportunity is ideal for either an owner occupier or an investor. This quality industrial building benefits from many high end finishes as well as a significant paved area to allow for easy truck vehicle access. The building is being sold as a vacant possession. The asking price of $3,950, represents a value of $175 per square foot. Closing date is flexible, subject to the current owner moving into new facilities.

4 SITE & BUILDING INFORMATION

5 SITE & BUILDING INFORMATION Location: Site Area: Building Area: Property located on the south side of Lacolle Way, in the Taylor Creek Business Park Minutes away from Highway 174, Ottawa s main East-West transportation Hub Road widening of Trim Road will allow easy access to Highway 417 east of Ottawa. Excellent transportation access as well as public transit station on Trim Road, within walking distance to building. Building is set on a 2 acre parcel of land Site coverage is 26% Gross Floor area of 22,500 square feet Office suite totals 1,500 square feet Unfinished mezzanine space of 1,500 square feet that currently serves as storage space Loading Doors: Physical: Exterior: Three (3) electric overhead doors include full dock leveling equipment and bumpers Steel Frame superstructure overtop of a poured concrete foundation and footings Roof is a sloped design covered in metal panels Floor assembly is poured concrete Windows consist of double glazed thermopane windows set in metal frames Windows are also set higher in all of the exposures of the building which provides natural light into the warehouse space Steel columns in warehouse set in a 25 X 45 grid Shipping and Receiving area is located on the eastern exposure of the building which includes a concrete ramp extending partially below the grade of the site so as to facilitate dock level loading Prefinished metal panels extending to roof line Stone veneer defines and accents the office façade

6 SITE & BUILDING INFORMATION Building Layout: Main entrance is situated centrally in the northern exposure of the building and opens onto a lobby area. The site is symmetrical in configuration with two offices on either side of the lobby Central corridor provides access to the offices as well as the kitchen/ lunchroom and a 2-piece washroom at the rear of the office suite. Direct access to the warehouse space is available from the kitchen area as well as directly from corridor There is also a 2-pice washroom directly accessible from the warehouse space Warehouse has excellent ceiling clearance Building Systems: Year Built: Parking: Zoning: Electrical service 3-phase, 600 volt, 100 amps on panel and 30 KVA transformer Building includes fire and security alarms Heat is provided to the office by a gas fired forced-air furnace, with central air condition tied into the duct work, fed by a ground mounted condenser/ compressor Heat in the warehouse is provided by suspended gas fired forced-air furnaces and a suspended gas fired radiant unit providing additional heat in the shipping receiving area. Ceiling fans augment circulation of air throughout the warehouse Building completed in 2010 Parking for 23 vehicles Light Industrial IL4 H(21) Legal Description: Pin Number: Part of Lot 31, Concession 1, Old Survey, Being Part 35 and 36 on Reference Plan 50R-6232; Subject to Easement in Gross over Parts 3, 4, 5 & 6 on Reference Plan 50R-6236; as in OC815217; City of Ottawa

7 LOCATION MAP & PLANS

8 LOCATION MAP

9 SITE PLAN WAREHOUSE/OFFICE 2090m 2 (22,500 SQ.FT.)

10 FLOOR PLAN - ground floor

11 PROPERTY PHOTOS

12 PROPERTY PHOTOS

13 PROPERTY PHOTOS

14 PROPERTY PHOTOS

15 OFFICIAL PLAN & ZONING

16 OFFICIAL PLAN & ZONING Purpose of the Zone The purpose of the IL Light Industrial Zone is to: (1) permit a wide range of low impact light industrial uses, as well as office and office-type uses in a campus-like industrial park setting, in accordance with the Employment Area designation of the Official Plan or, the General Urban Area designation where applicable; (2) allow in certain Employment Areas or General Urban Areas, a variety of complementary uses such as recreational, health and fitness uses and service commercial (e.g. convenience store, personal service business, restaurant, automobile service station and gas bar), occupying small sites on individual pads or in groupings as part of a small plaza, to serve the employees of the Employment or General Urban Area, the general public in the immediate vicinity, and passing traffic; (3) prohibit retail uses in areas designated as Employment Area but allow limited sample and showroom space that is secondary and subordinate to the primary use of buildings for the manufacturing or warehousing of the product; (4) prohibit uses which are likely to generate noise, fumes, odours, or are hazardous or obnoxious; and (5) provide development standards that would ensure compatibility between uses and would minimize the negative impact of the uses on adjacent non-indus trial areas In the IL Zone: Permitted Uses (1) The following uses are permitted subject to: (a) the provisions of subsections 203(3) to (6); animal hospital automobile dealership automobile rental establishment broadcasting studio catering establishment day care drive-through facility emergency service heavy equipment and vehicle sales, rental and servicing light industrial uses medical facility municipal service centre office park

17 OFFICIAL PLAN & ZONING parking garage parking lot place of assembly post office printing plant production studio research and development centre service and repair shop small batch brewery, see Part 3, Section 89 technology industry training centre truck transport terminal warehouse (2) The following uses are also permitted subject to: (a) the provisions of subsections 203(3) to (6); (b) the cumulative total gross floor area for these uses not exceeding 2,999 m2; (OMB Order #PL080959, issued September 18, 2009) (c) (d) each use not exceeding 300 square metres of gross floor area; and the provisions of subsection 203(2)(c) above not applying to amusement centre, amusement park and recreational and athletic facility; animal care establishment amusement centre amusement park automobile service station bank bank machine car wash convenience store gas bar instructional facility personal service business recreational and athletic facility restaurant

18 OFFICIAL PLAN & ZONING Zone Provisions (3) The zone provisions are set out under Table 203 below. Table IL Zone Provisions I ZONING MECHANISMS II PROVISIONS (a) Minimum lot area 2,000 m2 (b) Minimum lot width No minimum (c) Maximum lot coverage 65% (d) Minimum front yard and corner side yard setback (e) Minimum interior side yard setback (i) for uses listed in subsection 203(1) abutting a residential or institutional zone 15 m 7.5 m 15 m (ii) all other cases 7.5 m (f) Minimum rear yard setback (i) for uses listed in subsection 203(1) 15 m abutting a residential or institutional zone (ii) abutting hydro or railway right-of-way 3.5 m (iii) all other cases 7.5 m (g) Maximum floor space index 2 (h) Maximum building height (i) within 20 metres of a residential zone 11 m (ii) in all other cases 18 m (i) Minimum width of landscaped area (i) abutting a residential or institutional zone (ii) abutting a street (iii) in all other cases 3 m; may be reduced to one metre if a 1.4 metre high opaque screen is provided 3 m No minimum

19 OFFICIAL PLAN & ZONING (4) Accessory display and sales area must be within the same building as the use to which it is accessory and must not exceed 25% of gross floor area. (5) Outdoor storage is prohibited. (6) For other applicable provisions, see Part 2 General Provisions, Part 3 - Special Use provisions, and Part 4 Parking, Queuing and Loading Provisions. IL Subzones 204. In the IL Zone, the following subzones apply: IL4 Subzone (4) In the IL4 Subzone: (a) the uses listed in Section 203 (2) do not apply, and only the following uses are permitted, subject to Section 203 (2) (a), (b), (c) and (d): amusement centre instructional facility recreational and athletic facility restaurant (OMB Order #PL issued March 18, 2010)

20 COLLIERS INTERNATIONAL 340 Albert Street, Suite 930 Ottawa, ON K1R 7Y6 TEL: FAX: collierscanada.com/ottawa ED BELANGER Associate Vice President Sales Representative This document/ has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls (Ontario) Brokerage Inc.