250 Portage Ave - Freestanding FOR SALE


Winnipeg, MB R3C 0B1
$3,240,000 CAD
431-813-3010
250 Portage Ave, Winnipeg, MB for Sale
$3,240,000 CAD
Freestanding - FOR SALE
1/14
null | 9.44% Cap Rate

250 Portage Ave
Winnipeg, MB R3C 0B1


HIGHLIGHTS

  • Unique opportunity for users and business operators to own their own real estate which features a high-profile Portage Avenue address, substantial vis

OVERVIEW

High-Exposure Commercial Space – Expand, Invest & Profit in Winnipeg! Prime Investment Opportunity – Downtown Winnipeg 250 Portage Avenue | High-Profile Commercial Flex Space Location & Visibility. Prime corner location at Portage Avenue & Garry Street in Winnipeg’s Central Business District. Steps from Portage & Main and the SHED District—Winnipeg’s epicentre of development. High-exposure signage along Portage Avenue with 55,000+ vehicles/day. Easy access to The Forks, Bell MTS Place, RBC Convention Centre, University of Winnipeg, and Red River College. Strong pedestrian & transit connectivity with ample public parking nearby Building Highlights & Potential Three-Storey Commercial Structure: * Lower Level: 7,237 sq. ft. – Features a fully functioning bank vault * Main Level: 7,237 sq. ft. (Available) – 20’+ ceiling height for a grand, open feel * Upper Level: 7,237 sq. ft. (Available) – Second-floor offices overlooking Portage Avenue. Originally designed for a financial institution by renowned Green Blankstein Russell Architects. Natural Light Advantage: Three walls of vertical floor-to-ceiling windows. Building Design: Open-concept layout with potential for mezzanine addition. Expansion Opportunities: High-rise multi-family housing, medical centre, boutique hotel, mixed-use development. Zoning: M – Multiple-Use. Parking & Accessibility: Direct rear exit into adjacent parkade for seamless access—ideal for winter convenience. Electrical System: 1400 amp, 600V, 3-phase service, expandable to 2.5 megawatts. Development Cost Savings: Available well below the replacement cost for similar construction, excluding land value Investment Highlights Rare Ownership Opportunity: Own real estate in one of Winnipeg’s most prestigious corridors. Building Naming Rights Available – Enhance your brand visibility in the city’s commercial core. Reconfiguration Flexibility – Ideal for office, medical, IT, boutique hotel, retail, or mixed-use. Ample Parking Benefits: 2 parking stalls & 1 loading zone included free until 2064. High Visibility & Branding Potential – Premium exposure to thousands of daily commuters. Clear Title Transfer – Free of mortgage financing encumbrances Asking Price: $3,240,000 ($150 psf) – NO REALTOR FEES! BROKER COMMISSIONS AVAILABLE! Interested : Contact us directly for a private viewing at buildingdowntown250@gmail.com | +1-204-691-1142 Visit Website www.buildingdowntownwinnipeg.com Interior office images reflect renderings designed for the main and second floor. Save thousands by purchasing directly from the owner! Brokers—earn commission on a successful sale!

FOR SALE DETAILS

PRICE

$3,240,000 CAD

PRICE/SF

$149 CAD /SF

CAP RATE

9.44%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Residential, undefined, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

381

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

M

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Robert Portage250PortageMore Info
431-813-3010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Robert Portage250PortageMore Info
431-813-3010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.