RETAIL/ OFFICE BUILDING For Sale

242/ 244/ 246 PRINCESS STREET

WINNIPEG, MB

 

 
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DESCRIPTION Built in the early 1900’s, this 3 storey masonry & wood-joist building, once a loft-style industrial building is now vacant & suitable for redevelopment.  It has approx. 5,940 sq. ft. per floor for a total of 17,820 sq. ft. not including the full unfinished basement.  The 1st floor is mostly open space with the 2nd & 3rd floors divided by masonry walls into 3 equal sized areas on each floor with 10 ft. ceilings.  The building is serviced by staircases on the south & north side, a partial one in the building centre, a dry sprinkler system, a freight elevator in the building centre, an older and upgraded electrical system and 5 newer Lennox gas forced-air furnaces (1 in bsmt/ 2 on main/ 2 on 2nd fl.).
LOCATION Exchange district in Downtown Winnipeg on the N.W. corner of Princess Street at Alexander Avenue with the immediate area made up of a mix of older and newer retail/office buildings as well as Chinatown, City Hall, Public Safety Building and the new downtown Red River College campus.
SQUARE FOOTAGE 17,820 approx. total plus approx. 4,000 in basement
LOT SIZE 66.03’ x 117.0’ approx. or 7,725 sq. ft
PARKING several spaces at rear of building & street parking
ASSESSMENT $119,000 (2003)
TAXES $6,161.86 (2003)
ZONED M1 (light industrial)
LEGAL DESCRIPTION/TITLE SP Lot 30, Plan 32037, DGS 9 to 11 St John, title # 1386661
ASKING PRICE $149,000.00

 "This information, although believed to be accurate, is not warranted to be so".

 

Klaus FischerRE/MAX Real Estate - Commercial

KLAUS FISCHER

RE/MAX Performance Realty
942 St. Mary's Road
Winnipeg, Manitoba R2M 3R5
Canada
Ph: (204) 981-3224
Toll Free: 1 (800) 267-0794
Fax: (204) 477-0342
E-mail: kf@kfcommercial.com
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