46 Aquila Road

Property Overview & Key Characteristics

This vacant land parcel at 46 Aquila Road in Winnipeg's West Kildonan Industrial area presents a straightforward development or investment opportunity. Its primary appeal lies in its blank slate potential within an established industrial zone. The lot is of a practical size at 3,474 sq ft, ranking in the top half for its immediate street.

The property is best suited for buyers with a clear business plan for the site, such as an owner-operator looking to construct a purpose-built facility, or an investor with the capacity to develop and lease industrial space. Its significantly higher assessed value compared to many newer builds in the neighbourhood suggests it may already have servicing or zoning advantages, or reflects a different potential use. This isn't a move-in-ready purchase; its value is entirely in the land's potential, making it a project for those with industrial knowledge and development resources.

Frequently Asked Questions

1. What can be built on this lot?
You would need to verify the specific zoning with the City of Winnipeg, but as it's in a designated industrial area, uses typically include warehousing, light manufacturing, contractor yards, or similar commercial/industrial operations.

2. Why is the assessed value notably higher than many newer builds nearby?
This can indicate several factors, such as the lot being fully serviced, having advantageous zoning already in place, or possessing attributes that make it "shovel-ready" for development compared to raw land.

3. Are there any structures or existing services on the property?
The listing indicates no building, garage, or basement. The presence of utilities (water, sewer, power) at the lot line should be confirmed with the city and a site inspection.

4. What are the typical costs and timelines for developing an industrial lot?
Beyond the land purchase, budgets must account for municipal development fees, construction costs, utility connections, and landscaping. Timelines can vary significantly based on permit approvals and construction complexity.

5. Who would be the most likely future tenant or buyer if I develop and then sell?
The West Kildonan Industrial area attracts a wide range of businesses, including tradespeople, distributors, small-scale manufacturers, and storage companies. The end user often depends on the specific type and size of building constructed.