For Sale - Office / Retail

2583-2589 Portage Avenue - SOLD
Winnipeg, MB

ASKING PRICE	SOLD
RENTABLE AREA	+/- 11,026 sq ft.
INCOME	$130,645 per year (Proforma)
PROPERTY TAXES	$21,781.77
LEASE TERM	Up to 5,600 sqft available for owner occupant
CAP RATE	8.8% (Proforma)
MANAGEMENT FEE
ZONING	C2 Commercial/Community

MORE INFO

Building Features

2nd floor leased to one large non-profit tenant. Lease expires 2021.
+/- 14 parking stalls on asphalt parking lot, rear of building.
Recent appraisal available(8/15)@$1.5M
Recent building condition report available (12/15).
Mechanical units - service report available.
Roof is well maintained.
Central bathrooms on second floor.
Main floor demolished to base building condition.
Special broker incentive offered - call for details