RETAIL/ OFFICE BUILDING FOR SALE OR LEASE700/ 704/ 708 PORTAGE AVENUEWINNIPEG, MB
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RETAIL/ OFFICE BUILDING FOR SALE OR LEASE700/ 704/ 708 PORTAGE AVENUEWINNIPEG, MB
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| SQUARE FOOTAGE | total building approx. 5,900 and available for lease approx. 2,000 on main floor with 632 on mezzanine |
| LOCATION | South side of Portage Avenue just west of Maryland Street, Robertson Career College and Lion’s Manor. |
| DESCRIPTION | One storey wood-frame building built in 1935 suitable for office/retail use with 2 of the 3 units presently leased; unit # 704 to an Autopac agent who has been a long term tenant and unit # 708 to a new restaurant tenant who has completely refurbished the space. Unit # 700 is available for lease with approx. 2,000 sq. ft. on the main floor with ceilings up to 13 ft. and a mezzanine floor of approx. 632 sq. ft. of good useable space. The basement is unfinished and heating is provided by an older F/A gas furnace in # 700, newer Pulse rooftop Hvac system in # 704 and a newer F/A gas furnace in # 708. The roof was replaced approx. 1995. |
| PARKING | 6 spaces at rear plus street parking |
| LOT SIZE | 79.0’ x 116.32’ |
| ZONING | C2, Commercial |
| ASSESSMENT (2001) | $280,000.00 (appealing 2002 – estimate a large reduction) |
| TAXES (2000) | $14,308.86 |
| LEGAL DESCRIPTION | Lot 1/ 2, Plan 435, RL 71 Parish of St James |
| SALE PRICE | $159,000.00 |
| LEASE RATE | $1,500.00 per month gross ($6.50 per sq. ft.) plus hydro for a 3 - 5 year term |
"This information, although believed to be accurate, is not warranted to be so".
