Office Building or Potential Multi-Family

Office for Sale
Also listed as Multi-Family
Catylist Listing ID: 30354697
Property Subtypes: Office Building
Building Size (RSF): 3,181 SF
Gross Building Area: See Agent
Gross Land Area: 5,350 SF
Sale Price: $239,000
Unit Price: $75.13 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/28/2018

Overview / Comments

Located in the heart of the “North End” of Winnipeg, this area has undergone many property upgrades in recent years. Selkirk Avenue consists of many retail/office properties interspersed with residential/multi-family properties, churches and more. This wooden-frame office building owned for several decades by The United Church of Canada has been well-maintained and presents a good opportunity for a new owner to acquire a well-priced property with many potential uses.
Opportunity to purchase this well-maintained office building: Originally a 2.5 storey house with added storefront, this office building has the potential for many commercial uses or potentially redeveloped into residential suites as each of the 4 levels has its own washroom (total of 2 – 3 piece baths, 2 – 2 piece baths). Features: approx. 3,181 Sq. Ft. on 3 levels with a main floor of approx. 1,622 sq. ft. including the storefront space, 4 rooms and a kitchen; 2nd floor with 5 rooms, 3rd floor with 2 rooms, refinished lower level with 2 newer forced-air gas furnaces; central air-conditioning; security system; upgraded electrical; parking for 3 or more vehicles at the rear.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 4A
Tax ID/APN: 2595.09
Zoning: C2
Property Visibility: Good
Number of Stories: 25
Construction/Siding: Wood Frame
Parking Type: Surface
Total Parking Spaces: 3
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: C2 Commercial
Lot Frontage: 50
Lot Depth: 107
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned Clear Title
Legal Description: SP Lot 45, Plan 31624, Parish St John

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