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: |
$2,300,000 |
| Unit Price: |
$252.75 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: |
1/13/2023 |
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 and a large storage area for business files.
The entire building has a lease agreement in place until December 31, 2023 with the main floor tenant. This tenant (law firm) has merged with a larger firm and is moving to a new location. The second floor (4,550 sq, ft.) has been occupied for a long time by a separate law firm and is a sub-tenant to the main floor tenant; this tenant intends 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: |
6-7 underground parking and 8 onsite parking |
| Total Parking Spaces: |
15 |
| Heat Type: |
Natural Gas |
| Internet Access: |
Cable |
| Interior Description: |
Several offices and reception desk at main door, with 2 boardrooms on main floor.
Basement has a tenant lounge and file storage area |
| 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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