Strip Mall For Sale in St. James

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30704579
Property Subtypes: Mixed Use, Street Retail
Status: Pending/Contingent
Building Size (RSF): 5,988 SF
Gross Land Area: 15,780 SF
Sale Price: $1,100,000
Unit Price: $183.70 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/1/2021

Overview / Comments

Showings start now, offers presented at 2pm on Feb. 18th (Please leave open for acceptance until 5pm on Feb. 25th).

Rare Opportunity! Strip Mall for sale in a High Traffic, High Visibility location. Approximately 57,100 vehicles pass by this location daily (according to the City of Winnipeg Traffic Flow Map).

It is currently configured with 4 units, but it could be 5. Three units are currently rented (with the one vacant unit being used by a Tenant as storage). The vacancy in this unit makes it a good opportunity for an Owner/Occupier. Tenants pay their own utilities. There is paved parking in front and at the rear of the building.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 5G
Tax ID/APN: 07569032800
Zoning: C2
Property Located Between: Sturgeon Road and Woodlands Crescent
Property Visibility: Excellent
Tenancy: Multiple Tenants
Property Condition: Average
Year Built: 1974
Parking Type: Surface
Legal Description: Firstly: Lots 13 to 16 Block 11 Plan 1636 WLTO in RL 119 and 121Parish of St Charles Secondly: Parcel A Plan 44222 WLTO in RL 121 Parish of St Charles

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