INVESTMENT OFFICE BUILDING FOR SALE

Office for Sale
Catylist Listing ID: 30297407
Property Subtypes: Office Building
Building Size (RSF): 9,300 SF
Gross Land Area: 8,174 SF
Sale Price: $899,000
Unit Price: $96.67 PSF
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: 9.0%
Last Updated: 11/15/2018

Overview / Comments

2 unit office building located in St. Boniface at the corner of Eugenie & Kenny. One unit leased until 2025 with the other unit leased until 2022. Excellent investment opportunity with solid long term tenants. Well maintained building with many recent upgrades. Return on investment potential of over 9% annually.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 2B
Zoning: C-1
Property Located Between: St. Mary's Road, Marion Street & Kenny Street
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 3
Parking Type: Surface
Total Parking Spaces: 3
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central

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Contact

Photograph of Listing Agent

David Bergman

RE/MAX professionals
CPIX® Member
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