Commercial/Residential Strip Mall For Sale in Ile Des Chenes

Retail-Commercial for Sale
Catylist Listing ID: 30664074
Property Subtypes: Mixed Use, Street Retail, Other
Building Size (RSF): 4,680 SF
Gross Land Area: 13,068 SF
Sale Price: $349,900
Unit Price: $74.76 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2021

Overview / Comments

8 Unit Commercial Strip Mall for sale in Downtown Ile des Chenes. Great Opportunity for an Owner Occupier or for Investment purposes. Features 7 Commercial Office or Retail units in 3,400 sq. ft. as well as an attached 1,280 sq. ft. 3 Bedroom suite. (All measurements are approximate and are + or - jogs.) Recent upgrades include roof shingles, soffits, security camera system and a makeover of the 3 bedroom suite. One commercial unit is currently rented for $750 per month (including utilities) and the residential suite is currently rented for $1,000 per month, (including utilities). 2020 Property Taxes are $7,111.85. Ile des Chenes is approximately 10 Minutes South of the Perimeter Hwy on Hwy 59.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: R07
Tax ID/APN: 90100.000
Property Visibility: Excellent
Area Description: Located in the Rural Municipality of Ritchot
Tenancy: Multiple Tenants
Property Condition: Good
Year Built: 1979
Year Renovated: 2019
Roof Type: Gable
Parking Type: Surface
Zoning Description: CC - Central Commercial
Lot Frontage: 66'
Lot Depth: 198'
Water Service: Municipal
Sewer Type: Municipal

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