241 HENDERSON HIGHWAY

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FOR SALE | Mixed-Use Development 241 Henderson Highway | Winnipeg

241 HENDERSON HIGHWAY

FOR SALE

$400,000

Contact Us: BRYN OLIVER Vice President +1 204 926 3826 [email protected]

COLLIERS INTERNATIONAL 305 Broadway, Suite 500 Winnipeg, MB R3C 3J7 www.colliers.com

FOR SALE | Mixed-Use Development 241 Henderson Highway | Winnipeg

PROPERTY SUMMARY

OFFERING PRICE:

$400,000

Property Type:

Mixed-Use Development

Building Size:

2,968 SF

Year Built:

1907

Site Area:

3,128 SF

Zoning:

C2 - Com - Community

Storeys:

2

Legal Description:

Lot 20 Plan 31056 WLTO

Property Taxes (2016):

$8,987.42

Structure

Stone foundation, wood frame, brick exterior

Frontage:

Approximately 23 feet along the east side of Henderson Highway

Contact Us: BRYN OLIVER Vice President +1 204 926 3826 [email protected]

COLLIERS INTERNATIONAL 305 Broadway, Suite 500 Winnipeg, MB R3C 3J7 www.colliers.com

FOR SALE | Mixed-Use Development 241 Henderson Highway | Winnipeg

PHOTOS

Contact Us: BRYN OLIVER Vice President +1 204 926 3826 [email protected]

COLLIERS INTERNATIONAL 305 Broadway, Suite 500 Winnipeg, MB R3C 3J7 www.colliers.com

FOR SALE | Mixed-Use Development 241 Henderson Highway | Winnipeg

PHOTOS

Contact Us: BRYN OLIVER Vice President +1 204 926 3826 [email protected]

COLLIERS INTERNATIONAL 305 Broadway, Suite 500 Winnipeg, MB R3C 3J7 www.colliers.com

FOR SALE | Mixed-Use Development 241 Henderson Highway | Winnipeg

NEIGHBOURHOOD OVERVIEW Traffic Counts Henderson Highway @ Johnson Avenue West 24 Hr. Traffic Count (est.) - 44,900 Vehicles

Elmwood Elmwood is a primarily working class residential area of Winnipeg, Manitoba. The area is bordered by the lane between Harbison and Larsen Avenues on the North, Panet Road on the East, Thomas and Tyne Avenues and the Canadian Pacific Railway mainline on the South, and the Red River on the west. It was once the southern part of the Municipality of Kildonan and began to develop shortly after the Louise Bridge was opened in 1881. It was annexed into the City of Winnipeg in 1906 after a petition by the residents who wanted city services in their rapidly developing neighbourhood. It was originally a separate ward of Winnipeg, Ward Seven, but later on it was joined in and largely overshadowed by the North End as part of Ward Three. Until the 1950s, Elmwood was one of the most industrialized areas of Winnipeg and had a large meat packing plant, a furniture manufacturer, and a box factory amongst other operations. All of these operations have now closed and the area is now almost completely de-industrialized. Since the advent of Unicity in 1971, Elmwood is often lumped in with East Kildonan, which is to the ire of East Kildonan residents as E.K. was once a separate city in its own right. Elmwood has about 14,000 residents, a decline of about 5,000 since 1971. The average household income is about 75% of the Winnipeg average. (Source City of Winnipeg - Neighbourhood Profiles). It includes the areas of Glenelm, which is more affluent and lies west of Henderson Highway, most of Chalmers, Talbot-Grey, and East Elmwood, which was developed primarily in the 1950s. Elmwood is mostly composed of single family residential homes of varying qualities, though there are numerous low-rise apartment blocks, townhouses, and two high rise apartment complexes, which are both social housing projects. Henderson Highway, Nairn Avenue, and Talbot Avenue are the main streets of the neighbourhood. The Henderson Highway portion of Elmwood has fairly concentrated commercial development.

Contact Us: BRYN OLIVER Vice President +1 204 926 3826 [email protected]

COLLIERS INTERNATIONAL 305 Broadway, Suite 500 Winnipeg, MB R3C 3J7 www.colliers.com

FOR SALE | Mixed-Use Development 241 Henderson Highway | Winnipeg

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Contact Us: BRYN OLIVER Vice President +1 204 926 3826 [email protected]

COLLIERS INTERNATIONAL 305 Broadway, Suite 500 Winnipeg, MB R3C 3J7 www.colliers.com

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COLLIERS INTERNATIONAL WINNIPEG

305 Broadway, Suite 500 Winnipeg, MB R3C 3J7 +1 204 943 1600

BRYN OLIVER Vice President

+1 204 926 3826 [email protected]

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