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

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Photograph of Listing Agent

Wes Schollenberg

Avison Young Commercial R.E.(Manitoba)
CPIX® Member
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