Investment Building on Berry For Sale

Office for Sale
Catylist Listing ID: 30788667
Property Subtypes: Office Building
Building Size (RSF): 24,768 SF
Gross Building Area: See Agent
Gross Land Area: 19,206 SF
Sale Price: $3,750,000
Unit Price: $151.41 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/8/2023

Overview / Comments

LOCATION: 395 Berry Street, Winnipeg, R3J 1N6
AGE: 1961
LOT SIZE: ~99x194 or 19,206 sq ft or .44 acre
FEATURES: Rentable Area 22,315 sq. ft.
16 office units of varying sizes (492 sq. ft. to 2890 sq. ft)
Close to major transit routes and amenities.
Prime St. James Location close to Polo Park
Several long time tenants with 3 – 5 year leases.
PARKING: 19 on Site – 15 with power and 4 without power
Additional neighbouring Parking Lot with 16 stalls available for purchase for $125,000.00 plus GST. Can not be sold separately.
2021 REALTY TAXES: $53,367.29
FINANCING: Purchaser to arrange its own financing.
SALE PRICE: $3,750,000 Purchase price is subject to Goods & Services Tax

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 07021892000
Zoning: M1

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Photograph of Listing Agent

Graeme Rowswell

G.T Rowswell Realty Leasing CO.
CPIX® Member
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