Owner / User Opportunity

Office for Sale
Catylist Listing ID: 30505922
Property Subtypes: Governmental, Office Building
Building Size (RSF): 6,508 SF
Gross Land Area: 4,783 SF
Sale Price: $975,000
Unit Price: $149.82 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/7/2019

Overview / Comments

Location
– Portage Avenue is the main thoroughfare from the TransCanada Highway to Downtown Winnipeg
– Tremendous bus access and exposure opportunity

Building Details
– Year built: 1955
– Zoning: C2
– Frontage on Portage: 45 ft
– Land area: 4,783 sf
– Building area: 6,508 sf (3,254 sf / fl)
– Clean Environmental Report from May 17, 2017
– Construction: originally built as a medical building, it was built to last with concrete piles, concrete floors and concrete walls

Main Floor Details
– Tenant: Province of Manitoba
– Area: 3,254 sf
– Available: leased

2nd Floor Details
– Fully built out office space with 3 offices, 2 boardrooms, kitchen and wide open space for cubicles
– Large windows allow for abundant light from north & south
– Available: June 30, 2020

Additional Details

Submarket/Township: 5E
Tax ID/APN: 07051632000
Zoning: Undisclosed
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,254 SF
Year Built: 1955
Parking Type: Surface

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Contact

Photograph of Listing Agent

Steven Paulus

Avison Young Commercial R.E.(Manitoba)
CPIX® Member
Photograph of Listing Agent

Jamie McPetrie

Avison Young Commercial R.E.(Manitoba)
CPIX® Member
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