User/Investment

Retail-Commercial for Sale
Catylist Listing ID: 30810089
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 3,166 SF
Gross Building Area: See Agent
Gross Land Area: 3,745 SF
Sale Price: $495,000
Unit Price: $156.35 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/11/2022

Overview / Comments

Located on Main Street near Kilbride Avenue. The property is 10 minutes from Downtown. Wood building with 1,661 sq. ft of Retail on the Main Floor and 1,060 sq. ft. recently remodelled suite on the 2nd floor. The property, zoned C2, has 3 units with parking at the rear.
1785 Main Street is located in the Seven Oaks District of West Kildonan in Winnipeg. The building is a wood and siding 2 story with approximately 1,661 sq. ft. of retail on the main floor and 1,060 sq. ft. residential suite on the 2nd floor. The building has undergone a recent refurbishing, The main floor has a Barber Shop as a longstanding tenant (currently mos. to mos.). The Barber would like to remain and sign a new long-term lease with the new owner The balance of the main floor is vacant and can be used for a large number of Retail or Office uses.

Second floor walk-up of 1,060 sq. ft. is a 2-bedroom residential suite featuring a large entry, spacious kitchen including a pantry and a 4-piece washroom. The suite has been well maintained and has newer flooring, windows and doors.

The onsite parking can accommodate 4 vehicles and an additional 2 vehicles if stacked.

All 3 units can be leased or the purchaser can occupy one of the unis and have the rental income assist in paying the mortgage.

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 11000737000
Zoning: C2
Retail Clientele: General
Property Located Between: Kilbride & Belmont
Property Visibility: Excellent
Largest Nearby Street: Main Street
Feet of Frontage: 375

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Contact

Photograph of Listing Agent

Wayne Johnson

Royal LePage Dynamic Real Estate
CPIX® Member
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