Office / Retail / Residential Building For Sale

Office for Sale
Catylist Listing ID: 30815361
Property Subtypes: Executive Suites, Coworking, Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 27,520 SF
Gross Land Area: 6,046 SF
Sale Price: $2,995,000
Unit Price: $108.83 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class C
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/29/2023

Overview / Comments

• Located just off Princess Avenue, around the corner from the Red River Downtown Campus
• A 5-storey warehouse building located in the East Exchange just north of the Downtown Red River Campus this building was a clothing manufacturer and wholesaler since its construction in 1905
• The building has windows on three sides for excellent natural sunlight
• Capital improvements: roof and boiler removal (2018), electrical (2020), sprinkler, internal stairwell, windows, brick and beam work (2021) – see brochure for list of completed projects
• Potential uses can include residential apartment conversion, industrial chic condo loft conversion for the technology sector or local businesses who need loft space in the exchange

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 13071822200
Zoning: C

View FullscreenMap


Contact

Photograph of Listing Agent

Wes Schollenberg

Avison Young Commercial R.E.(Manitoba)
CPIX® Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Winnipeg Regional Real Estate Board nor Moody's assume any liability for errors or omissions.