Retail/Office for sale

Expired Retail-Commercial for Sale
Catylist Listing ID: 30707279
Property Subtypes: Convenience Store, Mixed Use, Street Retail
Status: Pending/Contingent
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: 8/3/2021

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

Additional Details

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

View FullscreenMap


Photograph of Listing Agent

Mark Thiessen

RE/MAX professionals
CPIX® Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Winnipeg Regional Real Estate Board nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.