Commercial Building with Residential Income

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30841271
Property Subtypes: Free-Standing Building
Status: Pending/Contingent
Building Size (RSF): 3,032 SF
Gross Building Area: See Agent
Gross Land Area: 3,377 SF
Sale Price: $1,600,000
Unit Price: $527.70 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/5/2023

Overview / Comments

- Rare opportunity to own a high-quality C2-zoned commercial property on one of Winnipeg’s most desirable retail strips
- Meticulously maintained and upgraded split level commercial building with renovations throughout
- 3,032 SF building area, plus 535 SF of fully finished basement
- In addition to the commercial building, this offering includes a charming residential house located at 171 Borebank Street, just behind the commercial property
- The fully leased 171 Borebank generates $2,000/month in revenue
- 8 parking stalls onsite at 171 Borebank, with 2 currently designated to the residential tenant
- Prime Academy Road location and great visibility

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 12061941000
Zoning: C2

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Photograph of Listing Agent

Bentley Mark Thiessen Personal Real Estate Corporation

RE/MAX professionals CPIX® Member
Photograph of Listing Agent

Clifford Dyck Personal Real Estate Corporation

RE/MAX professionals CPIX® Member
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