River Heights Office/Commercial Services Use Opportunity

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30203364
Property Subtypes: Medical, Office Building, Research & Development, Other
Status: Pending/Contingent
Building Size (RSF): 38,197 SF
Gross Land Area: 2.40 Acres
Sale Price: $5,900,000
Unit Price: $154.46 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/19/2018

Overview / Comments

Colliers National Investment Services in Winnipeg is pleased to confirm that Public Services and Procurement Canada has retained our team to act as the exclusive agent in the sale of the RCMP Forensics Laboratory at 621 Academy Road in Winnipeg, Manitoba. Well located in the River Heights area of Winnipeg, this property features excellent visibility and exposure in close proximity to the Polo Park retail node, has a large 23,000 sf main level floor plate, and can be reconfigured to traditional office or commercial services use.

Offered for sale at $5,900,000 on an as-is where-is basis with all offers and expressions of interest to be submitted to Colliers International on or after February 16th, 2018.

Property Features:

•Premier suburban Winnipeg location featuring an Academy Road address in close proximity to Kenaston Boulevard and the Polo Park retail and commercial services node;
•Exceptionally well-suited for continued laboratory use with the current mechanical and electrical systems of tremendous value for occupants requiring specialized laboratory or research services space;
•Building features ability to be reconfigured to traditional office or commercial services use;
•Large floor plate (~23,000 sf/2,138 m2) offering users functional design options;
•Abundant on-site parking (58 stalls) with heated underground access and the ability to add heated indoor parking;
•High profile site with excellent visibility and exposure and an average traffic count of more than 22,000 vehicles travelling past the site on a daily basis;
•Collaborative partnership with Mikkelsen Coward, the building's current mechanical and electrical service provider to assist prospective purchasers; and
•Title to be treated as clear of mortgage financing.

For more information, please visit the Colliers website at http://www.collierscanada.com/24091 or contact Colliers at (204) 943-1600.

Open House:
Thursday, February 8th, 2018 from 11:00 a.m. - 12:00 p.m. (noon)

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 1C


Photograph of Listing Agent

Donald White

Colliers International - Don White
CPIX® Member
Photograph of Listing Agent

Brian Taillieu

Colliers International - Brian Tailleu
CPIX® Member
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