Former Grand Opera Theater for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30203839
Property Subtypes: Free-Standing Building
Building Size (RSF): 20,049 SF
Gross Building Area: 20,232 SF
Gross Land Area: 6,683 SF
Sale Price: $750,000
Unit Price: $37.41 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/17/2018

Overview / Comments

It was built in 1908, designed by the brothers A. and W. Melville ( they designed most of the old fire stations you see throughout the city). the building was used to show live plays an movies until 1913 when it was sold to close out and estate and to meet mortgage payment. In 1918, the building was renovated into three retail shops on the ground floor. Renamed the Traders building in the 1920s, tenants included the Peoples Book Store, Superior Wholesale Grocers, Maxis Delicatessen and L. Galpern Candy Company. It was again renamed the Progress Building. In the 1950s and a Tip Top Tailors Store opened up, as did Royal Shoes. Presently, the ground floor retail shop are vacancy, dock lock entrance is on the back of the building.
It is for sale or lease, the lease rate: $4.99/per sqft net.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Zoning: C2
Zoning Description: C2

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Contact

Photograph of Listing Agent

Wei Zhong

Settleway Realty Ltd.
CPIX® Member
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