Industrial Property FOR SALE > INDUSTRIAL PROPERTY 340A LAKESHORE ROAD, ST. CATHARINES, ON

Transcription

1 FOR SALE > INDUSTRIAL PROPERTY 340A LAKESHORE ROAD, ST. CATHARINES, ON PR E C I D E R! D E C U L2R 5X4

2 Locational Map LAKE ONTARIO 340A Lakeshore Road 2 L2R 5X4

3 Property Information SURVEY BRING OFFERS Site> Manufacturing & Marshalling Facility Situated on Lakeshore Road in the City of St. Catharines, this Commercial and Industrial zoned property includes 97,465 sf for the three separate Shop Bays and additional square footage for out-buildings and office/cafeteria building. Frontage access via Seaway Haulage Road. The property is an irregular shaped parcel with a functional surface area. Legal Description LT 57 CP PL 5 GRANTHAM; PT LT 61 CP PL 5 GRANTHAM AS IN RO & RO527208; EXCEPT 30R3062 T/W RO527208; T/W RO CITY OF ST. CATHARINES. Roll No Property Identifier Size Land Area: +/ acres (7.137 Ha) Buildings: +/- 111,250 sf Taxes $134,577 (2016) Asking Price $5,950, Zoning - Employment (Industrial) Zoning Official Plan General Employment (Industrial) 3 L2R 5X4

4 Property Information - Site Description Site Description The subject property is an irregular shaped parcel with frontage on Seaway Haulage Road. Per the site plan the subject site is 7.137Ha or ± acres. Topography and Drainage The property has a similar elevation relative to the surrounding terrain. The western edge of the subject property is adjacent to the Welland Canal property. Drainage qualities are considered to be good due to the storm drains/ drainage ditches and proximity to the canal. Ingress, Egress and Parking The site has access to the street via a 2 lane paved surfaced road known as Seaway Haulage Road. The southern end of the Seaway Haulage Road is gravel and is gated effectively closing the road to the public. Environmental A phase 2 environmental assessment of the property was conducted as of July 22, A follow up Environmental Site Assessment was conducted on July 17, 2009 and subsurface investigation on December 19, Highest and Best Use The Highest and Best Use of the property is heavy industrial. The property itself is known as 340A Lakeshore Road. Within the property perimeter fence are large gravel laydown and parking areas. Roads and the area around the building are mostly paved with asphalt and there is a large 40,000 sf paved area to the south. 4 L2R 5X4

5 Property Information Inclusions This sale includes equipment related to the building including cranes and mechanical equipment. A list of the equipment are included as Addendum. Space heaters, radiant tube heaters, shop lights, HVAC equipment Perimeter fencing, asphalt Guard shack All overhead doors and related mechanics External lighting and light posts 5 L2R 5X4

6 Property Information Industrial Shops The three industrial shop areas are interconnected to one another and each section is a different height. The flow of material is designed to flow from low bay to the highest bay (Shop 3) section and then outside via various cranes. There are large open spans in each section and only the required structural support beams in place between sections. Offices and Common Areas The available office space includes 1st and 2nd floor offices, a kitchen, cafeteria and locker room. There is a shower room with 7 stalls. Along the south wall of the structure are various entrance points and cut outs along the walls for material movement into the facility. The property has been used for marine operations for several decades and most recently used to manufacture wind turbine towers. The concrete floor, roads and laydown areas can easily support heavy equipment and material which flows through the facility. Corrugated clear windows/siding permit light along with Halogen lighting. Radiant tube heaters around the perimeter of the walls in Shop 2 High Bay and Low Bay. 6 L2R 5X4

7 Property Information Buildings The total property building space is 111,250 sf +/- and contains three separate Shop Bays, a 2 storey office building with cafeteria and out-buildings. Offices There is a cojoined office building, cafeteria and locker room area all built between 1965 and Shop 2 High Bay 30,311 sf High Bay 44 ceiling hgt. Two 10T cranes with synchronized controls that facilitate tandem use as a 20T crane One large sectional door Three sectional doors decomissioned One small roll-up door Natural light Concrete floor in good condition Shop 2 24,307 sf Low Bay shop with 32 hgt. 20,000 lbs Zelus Crane (new) 8T Magnet crane Two drive-in roll-up doors New radiant tube heating Concrete floor in good condition Shop 3 42,847 sf with 72 hgt. Two 80T cranes, each with two 40T hoists and a 80T bridge. Cranes may be used in tandem to lift 160T 8 ceiling fans (optional) One 20T crane Natural light New concrete heavy load flooring 7 L2R 5X4

8 FOR SALE > INDUSTRIAL PROPERTY Property Information Building Services Per the City of St Catharines, the property is fully serviced from the adjoining federal property to the north known as 340 Lakeshore Road. Other services in the area include hydro, gas, cable and telephone. Electricity is currently provided by Horizon Utilities Corporation via a feed through 340 Lakeshore Road. A new feed and 1,700 kva transformer is being coordinated to feed 340A Lakeshore Road from Seaway Haulage Road. 8 L2R 5X4

9 Survey SURVEY BRING OFFERS 9 L2R 5X4

10 Site 340A Lakeshore Road 10 L2R 5X4

11 City of St. Catharines ZONING PERMITTED USES AND REGULATIONS SECTION 7 Employment No person shall use any lot or construct, alter or use any building or structure in any Employment Zone except in accordance with Section 7.1 to 7.4 of this By-law. In addition to the above, any lot may be subject to additional regulation or restriction of use by the City, upper tier government or agencies. Refer to Section and Section 2.19 of this By-law. 7.1 Zone Names and Symbols Zone Symbol Zone Name General Employment 7.2 Permitted Uses PRINCIPAL USES Adult Oriented Entertainment Establishment ZONE SURVEY ACCESSORY USES BRING Animal OFFERS Care Establishment ZONE Bulk Fuel Depot Office Car Wash Recreation Facility, Indoor Contractor s Yard Retail Store Heavy Equipment Sales and Service Restaurant Hotel/ Motel Service Commercial Industry, Heavy Industry, Light Motor Vehicle Gas Station Motor Vehicle Repair Garage Office Place of Assembly/ Banquet Hall Research Facility Social Service Facility Transportation Depot Footnotes for Section 7.2 Permitted Uses Office is permitted to a maximum of 10,000 sq m glfa 11 L2R 5X4

12 Regional, City and Neighbourhood Information NIAGARA REGION Regional Analysis The Niagara Region as it is commonly referred to represents the southern portion of The Golden Horseshoe. It stretches from Grimsby to Fort Erie and is bordered by the waters of Lake Erie, Lake Ontario and the Niagara River; directly adjacent to the United States. The region contains approximately 1,800± square kilometres. The Region s total population is slightly greater than 430,000, and is broken down between its 12 Municipalities as follows: Transportation Regional transportation mediums include; Two railways, Canadian National and Canadian Pacific handling freight shipments Passenger rail service handled by VIA Rail Two international airports (Buffalo and Toronto) are within one hour s drive Two regional airports (Niagara on the Lake and Welland) Intermodel (piggyback) service is located in southern Welland at Dain City Courier Services available from many companies Bus service available every hour, seven days a week to major destinations Eleven taxi companies to service the Region Sightseeing services and airport transportation available 55 truck transport companies serve the Region Area highways include the Q.E.W., 420, 406, 405, 58, 20 and 3 STATISTICS CANADA 2011 The St. Lawrence Seaway (Welland Ship Canal) joins Lake Ontario and Lake Erie 12 L2R 5X4

13 Regional, City and Neighbourhood Information NIAGARA REGION Regional Communication Regional communication is provided by the following Three daily newspapers: The St. Catharines Standard, The Niagara Falls Review and the Welland- Port Colborne Tribune which are all published in the Region. All other major dailies also available AM Radio Stations include CHOW 1470, CHSC 1220, CKTB 610 and CJRN 710 FM Radio Stations include CHRE-FM 105.7, CHTZ- FM 97.7 and the Planet FM; 91.7 FM The Giant Cable TV service of 100 ± Channels available from COGECO Cable Other Infrastructure Systems Full Fire and Ambulance service available throughout the Region with a emergency system available for life-threatening situations. Law enforcement maintained by the Niagara Regional Police Force, the Ontario Provincial Police, the RCMP and the Niagara Parks Commission. Seven major hospitals located in the Region with over 2,917 beds, over 526 Doctors and 189 Dentists available. 19 Community Centres, 22 Public Libraries, 13 Swimming Pools, 29 Tennis Courts, 26 Ice Arenas, 8 Theatres, 10 Cinemas and 29 public Golf Courses. Major shopping centres located in St. Catharines (Pen Centre, Fairview Mall, Outlet Collection at Niagara), Niagara Falls (Niagara Square) and in Welland (Seaway Mall). Specialty and downtown retailers, as well as big box retailers are also present throughout the region. 13 L2R 5X4

14 Regional, City and Neighbourhood Information NIAGARA REGION Economic Base The Niagara Region s four major border crossings are the busiest international crossings between Canada and the United States due to the geographic strategic advantage and extensive transportation system. In fact 40% of all border crossings from Canada to the United States are through the Niagara Region. The Niagara Region s economic base has been fostered in part by its proximity to the United States. Within one day s trucking, 55% of the US industrial market and 125 million consumers can be reached. Niagara s industrial base exports 52% of its GDP, which is higher than both the Provincial and national averages. Other Regional economic industries of significance are tourism and agriculture. It is estimated that 14 million tourists visit the Niagara Region each year. The primary attractions are Niagara on the Lake (Canada s oldest town), Casino Niagara, Fort George, The Grape and Wine Festival, winery tours, the Friendship Festival, the Winter Festival of Lights, the Shaw Festival, Fort Erie Racetrack, Marineland and of course, Niagara Falls. The St. Catharines Henley Regatta is has been receiving international acclaim. The tourism sector has been expanding across the region. Niagara Falls is home of the newest Ontario casino, the Fallsview Casino, which was announced on February 18th, 1998; construction started Fall 2001 and was completed in June of Another unique attraction is the Welland Canal, where people can view ships of the world as they pass through from Lake Ontario to Lake Erie. Tourists can visit the Lock 3 Museum and Viewing Complex located in the City of St. Catharines. Federal Trade Zone Point On April 15, 2016, the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) announced Niagara as a Foreign Trade Zone Point (FTZ Point) designated by the Government of Canada. To foster a supportive business climate, help spur innovation and investment and open up international markets, this Point will serve as a one-stop shop for businesses to access information on Canada s FTZ policies and programs. This is the first FTZ Point established in Ontario. The FTZ Point will promote Niagara as a hub for international trade and will attract foreign and domestic investment. Designating a FTZ Point in Niagara aligns with the Government of Canada s priorities to help businesses integrate into foreign markets and global value chains. 14 L2R 5X4

15 Regional, City and Neighbourhood Information NIAGARA REGION Economic Base Landscaping shrubs such as euonymus, garden roses and flowering shrubs are grown along with trees, shade trees, dwarf and fruit trees, ground cover and vines. The vegetable sector includes almost 900,000 square feet devoted to vegetables only, and an additional 2 million square feet for vegetables and flowers. Modern greenhouses are highly mechanized and automated. Certifiable training programs in the field of horticulture are available through Niagara College s Horticultural Centre, The Niagara Parks Commission School of Horticulture and The Horticultural Research Institute of Ontario, all of which are located in the Niagara Region. Niagara boasts in excess of 11,750,000 square feet of greenhouse space or 32% of the Ontario total. Over 2,193 employees work in 126 greenhouse firms within the Region. Greenhouse production includes cut flowers, vegetables, nursery stock, potted plants, bedding plants, perennials and herbs under glass and plastic greenhouses in Niagara. Nursery stock, both cuttings and finished, are grown throughout Niagara. The Niagara Region has unique agricultural resources due to the combination of soil and climate for tender fruit and grape production, as well as areas of good general agricultural land, suitable for producing a wide range of crops. Two-thirds of Ontario s tender fruit orchards are located in the Niagara Region. These orchards account for the majority of the province s peaches, cherries, pears, plums, prunes and grapes. Niagara s grape industry has over 15,000 acres of growing area. New wineries are an expanding part of Niagara s overall agricultural/food processing sector. Increased sales of Niagara s Vintner s Quality Alliance (VQA) products and new facilities continue to strengthen both the agricultural industry and tourism in the Niagara region. A Wine Route, signposted from Stoney Creek to Niagara Falls, connects 15 of the area s wineries that offer tours and tastings. 15 L2R 5X4

16 Regional, City and Neighbourhood Information NIAGARA REGION Leading Employers The Niagara Region s economic base is dominated by industrial, agricultural and tourist activities. The following is a list of the ten largest employers in the Niagara Region. Rank Name Sector Employees 1 District School Board of Niagara Public School Board 4,300 2 Niagara Health System Health Care 4,256 3 General Motors of Canada Limited Manufacturing 2,000 4 Brock University Higher Education 1,600 5 Niagara Regional Police Service Police Services 1,003 6 SITEL Service City of St. Catharines Municipal Government Ontario Ministry of Transportation Provincial Government Algoma Central Corporation Service TRW Canada Limited Manufacturing L2R 5X4

17 Regional, City and Neighbourhood Information CITY OF ST. CATHARINES City Analysis St. Catharines is situated in south-central Ontario, 111 kilometres (70 miles) from Toronto and 19 kilometres (12 miles) from Niagara Falls and the United States border. The city is strategically located in the Niagara Peninsula and offers excellent access to the major markets of both Canada and the United States. It is situated on the southern shore of Lake Ontario. The major urban centres of Toronto, Hamilton, Buffalo and Rochester, which contain approximately 10 million people are all located within a 160 kilometre (100 mile) radius of St. Catharines. Windsor, London, Syracuse, Cleveland, Detroit and Pittsburgh are all less than 460 kilometres (250 miles) away. St. Catharines is part of the Regional Municipality of Niagara. The total area of the Region is 1,851 square kilometres (715 square miles). Of the total Regional area, St. Catharines occupies 99 square kilometres (38 square miles). The Niagara Region represents the southern portion of The Golden Horseshoe. It stretches from Grimsby to Fort Erie and is bordered by the waters of Lake Erie, Lake Ontario and the Niagara River; directly adjacent to the United States. The Region s total population is slightly greater than 430,000, and is broken down between 12 Municipalities census information indicates the City s population was 131,400 which represented a decline of 0.4% from the census data of In terms of geographical highlights, the Niagara Escarpment is the most famous feature of the Niagara Region. This runs through the southern section of the city of St. Catharines. Elevation changes of up to 50 meters (164 feet) are commonplace. The positioning of the Escarpment, the proximity of Lake Ontario and to a lesser extent, sandy soil conditions all contribute to a local climatic area that is conducive to the growing of grapes and other tender fruit. The Welland Canal has four different navigation routes in its history. It links Lake Ontario and Lake Erie to the south. The development of the canal system changed the development of the city. Not only did St. Catharines become the business centre for the Canal administration, it also changed the business nature of the city from agricultural to industrial. The Welland Canals Centre located south of Queenston Street, has a viewing platform, restaurant and washrooms. This has become an active tourist site within the City. 17 L2R 5X4

18 Regional, City and Neighbourhood Information CITY OF ST. CATHARINES City Analysis Although the City was formerly agriculturally based and then shifted to manufacturing, the current trend is to more service based industries. There has been significant increases in the FIRE segment as well as call centres. Vehicular transportation in and around the city is accommodated by Provincial highway 406 and the QEW. Rail access is also available, as an extensive rail system runs through the Region and the city. Water transportation is available via the St. Lawrence Seaway Authority as well as the St. Catharines Marina and the Dalhousie Yacht Club. The Niagara District Airport is located in the adjacent municipality of Niagara on the Lake, with the Hamilton International, Niagara Falls International and Buffalo International airports all located within 45 minutes of St. Catharines. Additional transportation includes local taxi service, local bus service and inter-city bus services. St. Catharines is home to Brock University and Niagara College. Both are post secondary school learning facilities. The education level within the City as of 2008 and based upon the population that is >15 years old was 108, L2R 5X4

19 Regional, City and Neighbourhood Information CITY OF ST. CATHARINES Brock s School of Fine and Performing Arts In the Fall of 2015, the Niagara Centre for the Arts and a new home for the Marilyn I. Walker School of Fine and Performing Arts opened for operation and features four distinct performance venues, including an 800-seat concert hall, 280-seat recital hall for the MIWSFPA with some community access, 184-seat dance/theatre venue, and 190-seat film venue with shared access between the MIWSFPA. The facility also includes office space, a rehearsal hall, café and lobby space. Meridian Centre The new downtown spectator facility, The Meridian Centre is home to St. Catharines-based OHL team the Niagara IceDogs and serves as a venue for other sports and entertainment events. This location joins the recently opened FirstOntario Performing Arts Centre and the Marilyn I. Walker School of Fine and Performing Arts as a building block in downtown revitalization. NHS Health Care Complex The new $759 million NHS health-care complex located at First Street Louth and Fourth Avenue in west St. Catharines opened in March of The centerpiece of the new NHS health-care complex is a five storey, 980,805 square foot state-of-the-art facility with 375 beds, replacing the aging St. Catharines General and Ontario Street Sites in St. Catharines. The new, state-of-the-art health care complex accommodates new regional services that have not been available locally in Niagara, including comprehensive cancer care at the Walker Family Cancer Centre, along with facilities to support cardiac catheterization and longer-term mental health beds. The new site will also act as the hub of regional dialysis services, supported by the permanent dialysis unit recently constructed in Welland. Niagara is now home to one of the most up-to-date healthcare facilities in the province, establishing infrastructure to care for and treat the health needs of the Niagara Region. MARILYN I. WALKER SCHOOL OF FINE AND PERFORMING ARTS MERIDIAN CENTRE NIAGARA HEALTH SYSTEM ST. CATHARINES SITE 19 L2R 5X4

20 FOR SALE > INDUSTRIAL PROPERTY Contact Us SALES REPRESENTATIVE TODD CRAWFORD** BROKER L2R 5X4 Tel: Fax: * Sales Representative ** Broker 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. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved. Colliers International Niagara Ltd., Brokerage. 20