Catylist ID:
#30470952
GOVERNMENT LEASED INVESTMENT PROPERTY IN RURAL MANITOBA
Office
for Sale
| Catylist Listing ID: | 30470952 |
| Property Subtypes: | Governmental |
| Building Size (RSF): | 4,900 SF |
| Gross Land Area: | 10,769 SF |
| Sale Price: | $485,000 |
| Unit Price: | $98.98 PSF |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Undisclosed |
| Cap Rate: | 7.9% |
| Last Updated: | 9/12/2019 |
Overview / Comments
|
BUILDING SIZE: 4,900 SF LAND SIZE: 10,769 SF (45% land coverage) FRONTAGE / DEPTH: 85.5 FT of frontage on Main Street N / 126 FT on Darcy Street YEAR BUILT: 1991 ZONING: Central Commercial Zone (CC) – permitted uses are varied, including light industrial, multifamily, and many others OFFICE AREA: Reception, 4 offices, boardroom, lunchroom, open area, and 2 washrooms PARKING: Abundant with packed gravel surface CURRENT TENANT: Province of Manitoba TERM EXPIRY: January 1, 2021, with one (1) one (1) year option to extend on the same terms and conditions as the Lease NET OPERATING INCOME: As per the operating statement with the year ending December 31, 2018, the net operating income was $38,220 |
Attachments & Media
Additional Details
| Market: | Winnipeg |
| Submarket/Township: | R32 |
| Zoning: | CC |
Contact
Jamie McPetrieAvison Young Commercial R.E.(Manitoba)CPIX® Member 
Steven PaulusAvison Young Commercial R.E.(Manitoba)CPIX® Member |
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