138 Portage Avenue

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FOR SALE LEASE

138 Portage Avenue Winnipeg, MB

Multi-Residential/Office Conversion Opportunity

(+/-) 55,125 sq ft Gross Building Area on 7 Floors Property Highlights • Located on the south side of Portage Avenue, east of Main Street, just steps from the Fairmont Hotel with access to the extensive underground walkway and skywalk network throughout downtown Winnipeg

• Entire lot size, including the surface parking lot of (+/-) 34 stalls, is (+/-) 15,176 sq ft

• Gorgeous city views through many large windows • Building features solid brick and concrete construction with up to date architectural drawings available for viewing

• Zoned M - Multiple Use on all sides of the building

List Price: $3,000,000.00 Property Taxes: $55,067.35 (2015) $33,000.00 (2016 est) Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Jane Arnot Associate Vice President T 204 928 5018 C 204 471 1248 [email protected] Cushman & Wakefield Winnipeg 200 - 260 St. Mary Avenue Winnipeg, Manitoba R3C 0M6 T 204 928 5000 F 204 928 5010 www.cushmanwakefieldwinnipeg.ca

FOR SALE LEASE

138 Portage Avenue Winnipeg, MB

THE LOCATION Amazing development conversion opportunity within steps of the Canadian Museum for Human Rights, the historic Forks and the famous intersection of Portage and Main! In close proximity to the Fairmont Hotel, MTS Centre (home of the Winnipeg Jets) and Shaw Park (home of the Winnipeg Goldeyes).

THE BUILDING The building currently features seven full floors plus a full basement and can potentially support at least two additional floors. Solid brick and concrete construction built in 1909, with additional construction completed in 1920. Large windows on all 4 sides of the building provide gorgeous city views and ample natural light throughout. Ceiling heights range from (+/-) 8' - 11', with the top floor featuring almost 12' to the bottom of the beam.

THE OPPORTUNITY Excellent building for Office, Multi-Residential Apartment or Condominium Development! Each floor could be opened up, with pillars at (+/-) 15' to 18' intervals.

VIEW FROM 7TH FLOOR

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

FOR SALE LEASE

138 Portage Avenue Winnipeg, MB

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.