Retail with apartment building for sale

Retail-Commercial for Sale
Catylist Listing ID: 30835641
Property Subtypes: Street Retail
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Gross Land Area: 4,200 SF
Sale Price: $1,100,000
Unit Price: $91.67 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/30/2023

Overview / Comments

Fantastic fully modified building with 7% return. It includes 4 commercial retail shops and 8 Residential units: 6 units with 2 bedroom and 2 units - 1 bedroom. Electric baseboard heat upgraded in 2016; roof was done in 2014; the upgrades in the building have been strong such as the full electrical system with all new wiring and boxes in each unit bring electric baseboard heating to each unit so the clients can control it to the finest degree. The buiding has a limestone foundation which after winter and rain fall has proven they are the solid foundations. Rroof electrical plumbing was done by the previous owner.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 5A
Tax ID/APN: 13041260000
Zoning: C2

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Photograph of Listing Agent

Wei Zhong

Settleway Realty
CPIX® Member
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