Rare Building on Portage Ave

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30390470
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 19,175 SF
Gross Building Area: See Agent
Gross Land Area: 11,416 SF
Sale Price: $1,195,000
Unit Price: $62.32 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2020

Overview / Comments

Century 21 Bachman & Associates has been retained as the exclusive agent for the vendor to market For Sale or Lease “ The Hurtig Building”. Now is your chance to own a piece of downtown Winnipeg! Rare building on Portage Avenue has come available for sale. Current tenancies in place with available units for lease making this an investment opportunity with many possibilities. Contact for further details!

Current Tenants

Tenant Business Name Dominion News & Gifts (1968) Ltd.
Is Renting? Yes
SF of Space Occupied 5,500 SF
Current Rent $10 PSF (Annual)
Lease Expiration 9/2019
Tenant Business Name Bar Red Sea
Contact Name Mesfin Kahsal and Tesfatsion Ghebretensae
Is Renting? Yes
SF of Space Occupied 3,511 SF
Current Rent $21 PSF (Annual)
Lease Expiration 6/2019
Tenant Business Name Floodway Printing
Contact Name Cory Beal
Is Renting? Yes
SF of Space Occupied 825 SF
Current Rent $11 PSF (Annual)
Lease Expiration 7/2019
Tenant Business Name Dominion News & Gifts (1968) Ltd.
Is Renting? Yes
SF of Space Occupied 5,500 SF
Current Rent $10 PSF (Annual)
Lease Expiration 9/2019
Tenant Business Name Bar Red Sea
Contact Name Mesfin Kahsal and Tesfatsion Ghebretensae
Is Renting? Yes
SF of Space Occupied 3,511 SF
Current Rent $21 PSF (Annual)
Lease Expiration 6/2019
Tenant Business Name Floodway Printing
Contact Name Cory Beal
Is Renting? Yes
SF of Space Occupied 825 SF
Current Rent $11 PSF (Annual)
Lease Expiration 7/2019

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 9A
Zoning: M

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Contact

Photograph of Listing Agent

David-Jeffrey Trudeau

Century 21 Bachman & Assoc. CPIX® Member
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