2305 Portage Avenue

Office for Sale
Catylist Listing ID: 30509216
Property Subtypes: Medical, Office Building
Building Size (RSF): 6,068 SF
Gross Building Area: 9,039 SF
Gross Land Area: 22,579 SF
Sale Price: $2,390,000
Unit Price: $393.87 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/18/2019

Overview / Comments

The property is conveniently located on the westbound “going home” side of Portage Avenue just east of the Moray Bridge, Holiday Inn, Shoppers Drug Mart and The Keg. The surrounding communities of St. James, Charleswood and Headingley offer a significant catchment area of densely populated mature neighbourhoods bolstered by proximity to Polo Park, Winnipeg James A. Richardson International Airport and Moray Industrial Park.

The asset consists of a freestanding building with high ceilings and many windows. The layout is open concept and suitable for many styles of retail and office improvements. The clean basement provides additional space and is ideal for product storage via the conveyor system from the main floor loading area. Outside there is abundant parking available, a refuse enclosure, completed landscaping, pylon signage and building signage on three sides.

This is a rare opportunity to acquire a modern signature freestanding building in good condition with abundant parking at a Portage Avenue address. It is ideal for a wide variety of business uses.

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 5F
Tax ID/APN: 07569021300
Zoning: C2
Property Located Between: Portage Avenue and Mount Royal Road
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2004
Parking Type: Surface
Total Parking Spaces: 27
Lot Frontage: 378
Legal Description: SP Lots 3 and 4 Plan 35454 WLTO in RL 17, 18 and 19 Parish of St James; SP Lots 4 and 5 Block 2 Plan 5090 WLTO in RL 17, 18, 19, 20 Parish of St James.

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Photograph of Listing Agent

Ryan Behie

CBRE Limited
CPIX® Member
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