156-158 Sherbrook St 3,186 SF 100% Leased Retail Building Winnipeg, MB R3C 2B4 $895,000 CAD ($280.92 CAD/SF)

156-158 Sherbrook Street presents an opportunity to acquire a multi-tenant neighborhood retail property positioned on a corner lot in Winnipeg's established West Broadway and Wolseley area. The property benefits from frontage along Sherbrook Street and convenient access to major transportation corridors including Portage Avenue and Osborne Street, connecting the asset to surrounding residential neighborhoods, commercial services, and employment centers throughout Winnipeg.
The building contains an established retail tenant mix that provides in-place income while also offering future flexibility for an owner-user or investor. A vacant area with associated lower-level space creates an opportunity for occupancy, repositioning, or leasing upside. The property's corner location enhances visibility, while prominent fascia signage supports tenant exposure to passing traffic.
Additional operational benefits include on-site parking at the rear of the building, nearby street parking, and independently serviced HVAC systems for each unit. The property's commercial zoning and location within a mature urban neighborhood support a range of retail and service-oriented uses. Investors may view the asset as a stabilized neighborhood commercial holding with future value-add potential, while owner-occupiers can benefit from existing tenancy and the opportunity to occupy a portion of the property.
The surrounding area is characterized by established residential density and convenient access to daily amenities, creating a built-in customer base for neighborhood-serving businesses. Combined with strong connectivity and a visible corner setting, the property offers a combination of current income, occupancy flexibility, and long-term redevelopment or repositioning potential.