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Mixed Use Investment Property in Southwest Winnipeg

RyanReelin

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This mixed use commercial / residential property is fully rented with leases in place.

Located in the southwest quadrant of Winnipeg, the South Osborne / Riverview area has been highlighted in Canadian Real Estate Magazine as a cash flow gem.

The property is located within one block of the new Southwest Rapid Transit Corridor. Phase 1 Rapid Transit construction is currently underway which will connect this property north to the downtown core. Phase 2 Rapid Transit will connect south near the University of Manitoba.

OurWinnipeg, the new city plan currently under first reading, has the Fort Rouge yards (adjacent to Phase 1 Rapid Transit) slated as one of numerous redevelopment zones planned for Winnipeg. The Fort Rouge yards redevelopment zone is likely to be the shining example of what OurWinnipeg refers to as high-density transit oriented development.

The property consists of one retail storefront unit just recently leased on a 5 year term, a two bedroom residential unit recently leased on a 1 year term, and a one bedroom basement suite currently rented on month-to-month terms.

This is a great property in an outstanding area of Winnipeg with upside potential in both future market value and market rents.

This would be perfect for those looking to invest in Winnipeg at this level.

[attachment=2809:Jubilee___848.pdf]

Please see the brochure attached.

Contact Ryan Behie, Trevor Clay or Rennie Zegalski for more information.



Ryan Behie, B. Comm (Hons) | Sales Associate

CB Richard Ellis Manitoba | Commercial Real Estate Services

570 Portage Avenue, 2nd Floor | Winnipeg, Manitoba R3C 0G4
Main 204 943 5700 | F 204 956 2783 | D 204 985 1358 | C 204 795 5658

[email protected] | www.cbre.ca/winnipeg
 
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