Redevelopment Opportunity For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30849099
Property Subtypes: Mixed Use
Building Size (RSF): 49,000 SF
Gross Building Area: See Agent
Gross Land Area: 13,385 SF
Sale Price: $2,400,000
Unit Price: $48.98 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2023

Overview / Comments

- Located in the heart of the Exchange District, close to Market Square and the best that this neighbourhood has to offer
- Amazing character structure with useable floor plate
- Low vacancy and high traffic neighbourhood, ideal for residential or co-work conversion
- Tenancy on the main floor provide income while planning redevelopment
- Two entrance points to street level
- Building has windows on all three sides, and is filled with natural light
- Well-maintained newer boiler system
- Newer spray-foam roof; always maintained and in excellent condition with many years of useful life remaining
- New high capacity main sprinkler connection to the city water service
- Two fully functional and inspected freight elevators and one passenger elevator
- Customized checker-plated steel loading dock
- Enclosed parking garage with access directly off of Princess Street
- Engineering report and lease terms available upon execution of a Non Disclosure Agreement

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 13060964000
Zoning: C

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Photograph of Listing Agent

Bentley Mark Thiessen Personal Real Estate Corporation

RE/MAX professionals CPIX® Member
Photograph of Listing Agent

Clifford Dyck Personal Real Estate Corporation

RE/MAX professionals CPIX® Member
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