Investment Opportunity - Bid Date: June 16th

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30845240
Property Subtypes: Neighborhood Center
Status: Pending
Building Size (RSF): 16,489 SF
Gross Land Area: 55,483 SF
Sale Price: $5,550,000
Unit Price: $336.59 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/12/2023

Overview / Comments

Outstanding stable investment located in a densely residential area west of Winnipeg.

– Incredible investment or owner occupier opportunity in the heart of Tuxedo
– May purchase blind trustee corporation
– Fully leased with quality professional based tenants
– TD Canada Trust will be departing next year allowing 5,888 sf of prime space in free-standing building
– Fully paved parking lot, additional parking at rear of building
– Pylon signage facing Corydon Avenue
– Professionally managed – same owner for almost 30 years
– New roof underway in main building
– Extensive due diligence material available with a signed CA from listing agent
– 2023 realty taxes: $79,735.09

MINIMUM BID PRICE: $5,500,000

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 10003268100
Zoning: C2

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Contact

Photograph of Listing Agent

Wes Schollenberg

Avison Young Commercial R.E.(Manitoba)
CPIX® Member
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