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.
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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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