Retail/Office for sale

Retail-Commercial for Sale
Catylist Listing ID: 30707279
Property Subtypes: Convenience Store, Mixed Use, Street Retail
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Gross Land Area: 2,779 SF
Sale Price: $499,900
Unit Price: $99.98 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2021

Overview / Comments

Investment opportunity
- Approximately 5,000 SF
- Long term tenant on the main floor with 3 years remaining on their lease
- 2nd floor features former law offices which are dated, but could be renovated into 3 income producing rental suites or refurbished as offices
- Income after renovation could allow investor to refinance the property to recover money required to renovate
- Located at the business centre of Transcona
- Priced below appraised value

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 3L
Tax ID/APN: 09000388000
Zoning: C2

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Contact

Photograph of Listing Agent

Mark Thiessen

RE/MAX professionals
CPIX® Member
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