Excellent User / Investment Opportunity

Office for Sale
Catylist Listing ID: 30782606
Property Subtypes: Executive Suites, Office Building
Building Size (RSF): 29,590 SF
Gross Land Area: 29,590 SF
Sale Price: $3,500,000
Unit Price: $118.28 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 6/3/2022

Overview / Comments

• Priced well below replacement costs
• Title to be treated as clear of mortgage financing
• Rockport Investment Group development of the St. Regis Hotel site across the street (retail, office, parking and multifamily)
• Quality office finishing
• Main floor has high ceilings and large windows allowing for an abundance of natural light
• Mezzanine space is comprised of minimal office build out, has access with a private entrance • 2 elevators
• Great natural light – floors 2-5 have windows on three sides
• Unit 300 (4,800+/- sf) leased until Feb. 2024, building otherwise vacant upon possession
• Significant gentrification in surrounding area
• Walkway system half a block away
• Close proximity to parkades

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 9A
Tax ID/APN: 12093317200
Zoning: M

View FullscreenMap


Contact

Photograph of Listing Agent

Daniel Mondor

Avison Young
CPIX® Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Winnipeg Regional Real Estate Board nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.