323 Portage Avenue

Office for Sale
Catylist Listing ID: 30766043
Property Subtypes: Mixed Use, Flex Space, Office Building
Building Size (RSF): 27,671 SF
Gross Building Area: See Agent
Gross Land Area: 11,362 SF
Sale Price: $4,000,000
Unit Price: $144.56 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/24/2023

Overview / Comments

Colliers International has been retained to act as the exclusive agent in the sale of 323 Portage Avenue in downtown Winnipeg. 323 Portage Avenue, historically known as the “Dayton Building”, is a 3 story 27,671 rentable square foot* building ideally situated across from Canada Life Centre (home of the Winnipeg Jets). With a traffic count of over 34,000 vehicles passing the building at this prominent corner location daily, prospective investors and developers are presented with a highly visible branding opportunity. While office/retail use likely remains the highest and best use for the property, the floor plate also appears to be well suited for a conversion to multi-family use, either completely or as a part of a mixed-use development.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 13052316000
Zoning: M

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