571 Academy Road

Office for Sale
Catylist Listing ID: 30652850
Property Subtypes: Mixed Use, Flex Space, Other
Building Size (RSF): 1,408 SF
Gross Building Area: See Agent
Gross Land Area: 1,408 SF
Sale Price: $410,000
Unit Price: $291.19 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/5/2020

Overview / Comments

• Great owner-user or investment opportunity in River Heights
• Excellent exposure on Academy Road with private parking
• Current lease to a long term tenant until December 31, 2021 offers attractive holding income of $19,680 annually (ability to terminate upon acquisition)
• Recent upgrades include: new roof (2019) & new hot water tank (2017)
• Private parking for 4 vehicles in tandem
• Property features three private offices in the upper level with open space throughout the main floor and dry storage in the basement

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 1C
Tax ID/APN: 12070895500
Zoning: C1
Property Visibility: Excellent

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Photograph of Listing Agent

Brett Intrater

Cushman Wakefield Winnipeg
CPIX® Member
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