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: $2,950,000
Unit Price: $99.70 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/4/2023

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

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Photograph of Listing Agent

Daniel Mondor Personal Real Estate Corporation

Avison Young
CPIX® Member
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