LAND & BLDG ONLY
INVESTMENT PROPERTY FOR SALE

719/725 GATEWAY ROAD

WINNIPEG
, MB

Click on picture for full size
Click on picture for full size
 
LOCATION East Kildonan in N.E. Winnipeg, at S.E. corner Gateway Rd. at Kimberly Ave. with several apartment buildings and a heavily populated residential neighbourhood in the immediate area.
DESCRIPTION Restaurant building with separate 1 storey residence.  Restaurant:  seats 50, unlicensed, approx. 1266 sq. ft. with walk-in cooler and 2 handi - cap accessible washrooms.  Concrete block construction built orig. in 1967 and completely refurbished in 1993 including:  insulation, drywall, electrical (2 x 200 amp), plumbing, new F/A gas furnace, new 1 and 5 ton rooftop A/C units, kitchen/seating area, ceramic flooring, thermopane windows, roof, new front sidewalk/pad.  Residence:  approx. 1004 sq. ft. 3 bedroom bungalow with eat - in kitchen, 4 pc. bath, W/W carpet, copper plumbing, central A/C, F/A gas furnace, 100 amp electrical, duopane/PVC windows, full partly finished basement with concrete foundation.  Single-detached garage with asphalt parking lot for 12 cars.
LOT SIZE 94.9’ frontage on Gateway by 124.9’ on Kimberly (slightly irregular rect. 11,857 SF/0.27 acres)
ZONING C2, Commercial
TENANCY Restaurant leased till 2011 and in business more than 10 years with equipment owned by tenant, Residence on month to month basis.
LEGAL DESC. SP Lot 31, Plan 22235, Exc Kimberly Av Plan 25420 WLTO in RL 85/89 Kildonan, Title # 1862725
TAXES (2008) $5,364.48
ASSESSMENT (2008)

$229,300.00 ($147,400 resid. & $81,900 commer.)

LIST PRICE $399,000.00

"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
© Klaus Fischer 2008 All Rights Reserved.
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