Valuable Property Across From UofW with 16 Car Parking Lot

Retail-Commercial for Sale
Catylist Listing ID: 30646994
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 3,185 SF
Gross Building Area: 4,008 SF
Gross Land Area: 8,897 SF
Sale Price: $799,900
Unit Price: $251.15 PSF
Property Use Type: Investment
Usable Size (USF): 4,008 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/3/2020

Overview / Comments

FANTASTIC OPPORTUNITY TO PURCHASE ACROSS FROM THE U OF W! LONG TIME OWNER OPERATOR WITH 16 CAR PARKING LOT! APPROX 3185 SF BUILDING PLUS 823 SF BASEMENT W/FULL HEIGHT THAT INCLUDES STORAGE AND OFFICE AREAS. POTENTIAL TO CONVERT INTO 2 COMMERCIAL UNITS! PERHAPS OCCUPY ONE SIDE AND RENT OUT THE OTHER! CURRENTLY SET UP WITH A FULL COMMERCIAL KITCHEN, DINING AREA AND LOUNGE & 4 BATHROOMS. EQUIPMENT NEGOTIABLE. LONG TIME OWNER. EXCELLENT OPPORTUNITY FOR CATERING COMPANY OR RESTAURANT. MANY UPGRADES. C2 ZONING WITH JUST UNDER 9000 SF OF LAND SPACE! MANY DEVELOPMENT POSSIBILITIES. BUSINESS CURRENTLY OPERATING AND NOT INCLUDED IN SALE! BUILDING AND LAND ONLY! BY APPOINTMENT ONLY.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 5A
Tax ID/APN: 13050890200
Zoning: C2
Retail Clientele: General
Property Visibility: Good
Feet of Frontage: 87
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Total Parking Spaces: 16
Parking Type: Surface
Parking Description: 16 Car Parking Lot

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Contact

Photograph of Listing Agent

Frank Zappia

Zappia Group Realty Ltd.
CPIX® Member
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