Building & Land - Priced to Sell!

Retail-Commercial for Sale
Also listed as Vacant Land, Office
Catylist Listing ID: 30820037
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 14,000 SF
Gross Land Area: 53,000 SF
Sale Price: $950,000
Unit Price: $67.86 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Last Updated: 11/15/2022

Overview / Comments

1941 Saskatchewan Avenue West in Portage La Prairie, MB is prominently located on the region’s dominant commercial corridor, at the doorstep of the community's preferred retail node. This offering consists of 2 parcels for sale including:

? A +/- 14,000 square foot commercial building with excellent parking and retail exposure (Sits on a +/- 33,000 square foot parcel plus additional street parking)
? A separate graveled +/- 20,000 square foot parcel

The building offers:
? A fully built +/- 8,900 SF restaurant, fixtured in 2015, including a large-scale commercial kitchen perfect for catering, food production or ghost kitchen facilities
? A +/- 3,000 square foot vacant retail or office space
? A +/- 2,100 square foot income producing leased office space

These assets represent an excellent opportunity for owner-occupiers and investors alike seeking property with exposure, in-place income, income growth potential and further value-add opportunity.

Attachments & Media

Additional Details

Nearest MSA: Portage la Prairie
Market: Winnipeg
Tax ID/APN: 8900.000
Zoning: C3 - AVENUE COMMERCIAL
Retail Clientele: General, Family, Business, Traveler
Property Visibility: Excellent
Highway Access: Located 4 minutes from the Trans-Canada Highway.
Year Built: 1984

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Contact

Photograph of Listing Agent

Jonah Levine

North Atlas Commercial Real Estate Inc.
CPIX® Member
Photograph of Listing Agent

Khush Grewal

North Atlas Commercial Real Estate Inc.
CPIX® Member
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