Business and Property for Sale

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30353434
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 2,300 SF
Gross Building Area: See Agent
Gross Land Area: 5,000 SF
Sale Price: $529,900
Unit Price: $230.39 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2018

Overview / Comments

BUILDING AND BUSINESS FOR SALE! LONG TIME OWNER WITH LOYAL FOLLOWING IN NICE WEST END LOCATION! Iconic 41 year old business and property for sale at the major intersection of Sargent Avenue and Wall Street. This two storey 2300 SF building plus full basement restaurant is licensed for 41 seats on each floor for a total of 82. Large parking lot for customer parking! Comes with commercial kitchen, bars on both floors, basement with lots of storage and restrooms, new electrical panel, forced air, 3 ductless heating/AC units for shoulder seasons that are approximately 5 years old to ensure maximum comfort for clients, 2 hot water tanks, ample parking and so much more. This successful business is still operating and showings are by appointment only. Much potential in this building and location for a multi uses.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Zoning: M1
Retail Clientele: General
Property Located Between: Sargent Avenue and Wall Street
Property Visibility: Excellent
Feet of Frontage: 50
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Construction/Siding: Brick, Stucco
Parking Type: Surface
Parking Description: Plenty of parking
Heat Type: Electricity, Natural Gas
Heat Source: Central, Wall Units
Water Service: Municipal
Sewer Type: Municipal

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Contact

Photograph of Listing Agent

Brendan MacDonald

Zappia Group Realty Ltd CPIX® Member
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