Office Building
Office
for Sale
| Catylist Listing ID: |
30827246 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
9,100 SF
|
| Gross Building Area: |
13,650 SF |
| Gross Land Area: |
8,512 SF
|
| Sale Price: |
$2,100,000 |
| Unit Price: |
$230.77 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Class of Space: |
Class B |
| Usable Size (USF): |
13,650 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/15/2023 |
Overview / Comments
The building is adjacent to the Woodsworth Building and steps from the Law Courts Bldg.. It is an ideal location for a small to medium size accounting firm, law firm or a small business office. The building has underground parking for 6 cars and a simple car wash and 6 additional energized outside parking stalls. The basement has an employee lounge area, kitchen and a large storage area for business files.
The entire building has a lease agreement in place until December 31, 2023. The tenant (law firm) that occupied both floors has merged with another law firm and is moving to a new location. The second floor has a subtenant that leases on a monthly basis one office area at $2,500 per month; this tenant is expected to stay.
|
Additional Details
| Nearest MSA: |
Winnipeg |
| Market: |
Winnipeg |
| Taxing Authority: |
Winnipeg |
| Tax ID/APN: |
12-093582000 |
| Zoning: |
M |
| Property Visibility: |
Excellent |
| Site Description: |
Located on the corner of Broadway Avenue and Edmonton Street with very high visibility. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
4,550 SF |
| Year Built: |
1936 |
| Year Renovated: |
2019 |
| Roof Type: |
Flat |
| Construction/Siding: |
Stucco |
| Exterior Description: |
Stucco |
| Parking Type: |
Surface, Underground |
| Parking Description: |
5-6 underground parking and 8 onsite parking |
| Total Parking Spaces: |
12 |
| Heat Type: |
Electricity |
| Internet Access: |
Cable |
| Interior Description: |
Several offices on both floors and reception desk at main door, with 2 boardrooms on main floor.
Basement has a tenant lounge, file storage area and kitchen |
| Zoning Description: |
M (Multi Use Sector) |
| Lot Frontage: |
65.2 ft |
| Lot Depth: |
130.55 ft |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
387 Broadway Ltd. |
| Legal Description: |
SP LOT 5 PLAN 24410 WLTO IN RLI PARISH OF SAINT JOHN |
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© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Winnipeg Regional Real Estate Board nor
Moody's assume any liability for errors or omissions.
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