227 Provencher Boulevard

Office for Sale
Catylist Listing ID: 30501901
Property Subtypes: Governmental, High-Tech, Institutional, Medical, Mixed Use, Office Building, Research & Development
Building Size (RSF): 21,522 SF
Gross Building Area: See Agent
Gross Land Area: 25,371 SF
Sale Price: $3,550,000
Unit Price: $164.95 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/11/2020

Overview / Comments

Century 21 Bachman & Associates has been retained as the exclusive agent to market For Sale or Lease 227 Provencher Boulevard.

THE INFORMATION:
 
227 Provencher previously housed the Winnipeg Police Service and Court of Queen’s Bench. The property comes ready with an Occupancy Permit for the +/- 21,522 Square Feet of usable space sitting on +/- 25,371 Square Feet of Land. The Property is currently zoned C2 – Com – Community with a Property Use Code of CMOMC – Medical Office Clinic. The current Vendors have invested capital into the building to replace the boiler systems, Overhead Insulated Garage Doors in the heated parkade.

 
THE OPPORTUNITY:
 
Potential purchasers should view this as a “Redevelopment Opportunity” for either a complete site redevelopment, or renovation project to create a high-class office facility. Preliminary plans have been prepared for a conversion into a Medical Arts Facility.
 
Potential Tenants should view this as an opportunity to lease a well known address, in the established neighbourhood of St. Boniface. This building is ideal for various professional uses.

Further information available with a fully executed Confidentiality Agreement.

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 2A
Tax ID/APN: 06093460230
Zoning: C2 - COM - COMMUNITY

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Contact

Photograph of Listing Agent

David-Jeffrey Trudeau

Century 21 Bachman & Assoc. CPIX® Member
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