3218 Portage Ave

Retail-Commercial for Sale
Catylist Listing ID: 30347154
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail
Building Size (RSF): 5,106 SF
Gross Building Area: 5,105 SF
Gross Land Area: 10,746 SF
Sale Price: $1,250,000
Unit Price: $244.81 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/5/2019

Overview / Comments

Prime location with extensive frontage along Portage Ave and Kirkfield. Property is ideally situated for single user/tenant retail business, or could be demised for a multi-tenant application with street exposure along Portage and Kirkfield. Dedicated parking lot on separately titled property behind subject property, as well as unrestricted paved parking in adjacent city-owned parking lot. Property is in very good condition with a relatively new roof. Business is relocating, building is being sold as vacant delivery.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Zoning: C2
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Largest Nearby Street: Portage Ave
Feet of Frontage: 56
Property Condition: Excellent
Roof Type: Flat
Construction/Siding: Block, Brick, Stucco
Exterior Description: Exterior is a combination of EFIS, brick and cinder block.
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: Dedicated parking lot across back lane -- approximately 4,100 SF. Additional parking in adjacent city-owned paved parking lot.
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Interior Description: Mostly open showroom, with a few offices, bathroom and storage area towards the back of the building.
Zoning Description: C2 -- general commercial zoning, suitable for a variety of uses.
Lot Frontage: Roughly 56 ft on Portage
Lot Depth: 120'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LBP 49 1 1725 111/112 ST C; LBP 48 1 1725 111/2 ST C; LBP 40 1 1725 111/112 ST C

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Contact

Photograph of Listing Agent

Cliff Dyck

Coldwell Banker Preferred R. E.
CPIX® Member
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