Signature Broadway Corridor User Opportunity

Office for Sale
Catylist Listing ID: 30645386
Property Subtypes: Governmental, Institutional, Mixed Use, Office Building, Other
Building Size (RSF): 53,673 SF
Gross Building Area: See Agent
Gross Land Area: 8,523 SF
Sale Price: $5,500,000
Unit Price: $102.47 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Centennial House
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 12/1/2020

Overview / Comments

Colliers National Investment Services has been retained to act as the exclusive agent in the sale of 310 Broadway in downtown Winnipeg. 310 Broadway is an 8-storey, 53,673 square foot office building conveniently situated at the prominent corner of Broadway and Donald Street. With a traffic count of over 40,000 vehicles passing the building at this prestigious corner location daily, prospective users and investors are presented with a highly visible branding opportunity along with 48,200 square feet of well-fitted available office space. While office likely remains the highest and best use for the property, the floor plate also appears well suited for conversion to multi-family use, either completely or as a part of a mixed-use redevelopment.

Features:
1. High profile and professional Broadway office corridor location ideal for diverse private and public sector business uses.

2. Within walking distance to a number of desirable downtown amenities including BellMTS Place, The Forks, RBC Convention Centre, and True North Square.

3. Institutional quality asset with mostly contiguous and highly improved office space available in 2020.

4. Meaningful capital reinvestment since 2014 and features an efficient and functional ~7,280 SF floor plate.

5. Strategic investment, user, or conversion opportunity featuring branding and building naming potential, interim holding period income, and a 17-stall surface parking lot with additional leased parking available nearby.

6. Available at a significant discount to new construction making the building an affordable CBD solution for your next office move.

Offered for sale at $5,500,000 with all offers and expressions of interest to be submitted to Colliers on behalf of the Vendor and will be reviewed and considered as received. Please contact Colliers at 204-943-1600 for more information or download the property flyer.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 9A
Tax ID/APN: 12092530000
Zoning: M

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Contact

Photograph of Listing Agent

Brian Taillieu

Colliers International - Brian Tailleu
CPIX® Member
Photograph of Listing Agent

Sean Kliewer

Colliers International
CPIX® Member
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