3086 Pembina Highway

Vacant Land for Sale
Catylist Listing ID: 30762363
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 3.70 Acres
Sale Price: $1
Unit Price: $0.27 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

THE OFFERING

Shindico Realty Inc. is pleased to offer for sale a 100% freehold interest in 3.7 acres of land at 3086 Pembina Hwy. in Winnipeg, Manitoba (the “Property”) on behalf of the registered owner, LCLBRNOM Dalhousie Ltd. (the “Vendor”). This high profile, corner location represents one of the last development opportunities of its kind on South Pembina Hwy., one of Winnipeg’s highest traffic thoroughfares. Located within the “Recent Communities” land use designation along a “Regional Mixed-Use Corridor” in a “Transformative Area”, the Property is well positioned for intensification and development in accordance with OurWinnipeg and the City of Winnipeg’s Complete Communities Direction Strategy. The recent approval of a 405 suite mixed-use development at 3015-3025 Pembina Hwy. (now under construction) is testament to the potential for this site.

OFFERING PROCESS

All Offers must be received by October 28, 2021 at 4:00 PM CST. Offers to be submitted in a sealed envelope to the attention of Michael Stronger at 200-1355 Taylor Avenue, Winnipeg Manitoba, for consideration by the Vendor.

The Vendor reserves the right to negotiate with the purchaser(s) whom they deem most attractive in their sole and absolute discretion. The Vendor shall not be obligated to accept any Offers received and reserves the right to reject any and all Offers. The Vendor reserves the right to end the sale process regarding the Property at any time prior to accepting an Offer, without notice or liability.

DATAROOM

Additional property due diligence information has been posted on the Shindico Realty Inc. data room website. Upon executing a Confidentiality Agreement, prospective purchasers will be provided with a personalized user name and password to gain access.

Please Note: The quoted sale price is not the sale price. The land is unpriced and subject to offers as per the offering process.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 1K
Tax ID/APN: 03040225000
Zoning: C3
Property Located Between: Dalhousie Dr & Perimeter Hwy
Property Visibility: Excellent
Largest Nearby Street: Pembina Hwy
Feet of Frontage: 503

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Contact

Photograph of Listing Agent

Michael Stronger

Shindico Realty - Michael Stronger
CPIX® Member
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