9 Unit Commercial-Residential

Multi-Family for Sale
Catylist Listing ID: 30735218
Property Subtypes: Mixed Use
Number of Units: 9 Units
Building Size (RSF): 10,921 SF
Gross Building Area: 14,670 SF
Gross Land Area: 9,852 SF
Sale Price: $869,900
Unit Price: $96,655.56 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/16/2021

Overview / Comments

Large open space available. Ideal for church use, non profits and many different organizations. Occupy and receive rental income to offset expenses! 9 Unit Commercial-Residential building on the corner of Burrows and McGreggor! Zoned C1 with 7 residential units + 2 large commercial spaces! Commercial spaces available for lease as well. Approx 10921 SF + basement area of another 3749SF for Gross Building Area of 14,670 SF. Includes a 2183 SF addition added in 1984. Ideal for owner occupier, lease out or convert main floor to residential! Beautiful sprawling first floor currently divided into two units of 3000SF & 2700SF for approx 5700SF of usable space. Was rented to church and community groups in the past but currently vacant and can be leased as well. Building is in good condition with many renovations including most of the roof (Back lower level in 2016), boiler rebuilt in 2019, upgraded electrical with 600 amp single phase with numerous panels.Residential units have been upgraded including newer windows, most kitchens & bathrooms. 8 car parking lot on the East side plus 4 parking spots in behind the building.

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 4A
Tax ID/APN: 14022415200
Zoning: C1
Property Located Between: Corner of Burrows & McGreggor
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1911
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Surface
Parking Description: 12 Spots
Total Parking Spaces: 12
Zoning Description: C1

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Contact

Photograph of Listing Agent

Frank Zappia

Zappia Group Realty Ltd.
CPIX® Member
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