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281 Donald St - The Met Building 48,000 SF Sports & Entertainment Building Offered For Sale in Winnipeg, MB R3C 1M9
Investment Highlights
- Historic entertainment venue extensively restored and expanded in 2012.
- Facility accommodates up to 1,120 occupants per City occupancy permit.
- Fully accessible building with modernized infrastructure and elevator access.
- Located in Winnipeg's downtown core near True North Square and Portage & Main.
- Rooftop patio enhances event and hospitality programming opportunities.
- Heritage-designated property featuring preserved historic interior elements.
Executive Summary
The Metropolitan Entertainment Centre ("The MET") presents an opportunity to acquire one of Winnipeg's most recognizable historic event and entertainment properties. Originally constructed as the Allen Theatre and later operated by Famous Players Canadian Corporation, the building has served as a landmark destination in downtown Winnipeg for more than a century. Following its acquisition by Canada Inns founder Leo Ledohowski, the property underwent an extensive restoration and expansion program completed in 2012, including a substantial modernization of the facility's interior, infrastructure, accessibility features, rooftop patio, service elevator, and event spaces.
Positioned along Donald Street within Winnipeg's central business district, the property benefits from proximity to Portage & Main, True North Square, Canada Life Centre, RBC Convention Centre, Manitoba Hydro Place, the Law Courts, major hotels, office towers, and numerous downtown amenities. The location places the asset within one of the city's most active commercial and entertainment districts, supporting corporate events, hospitality functions, conferences, weddings, galas, and community gatherings.
The property combines heritage character with modern functionality through restored architectural elements, upgraded mechanical and electrical systems, theatrical lighting enhancements, renovated food and beverage facilities, and accessible design features. The facility is reported to accommodate up to 1,120 occupants and includes a rooftop patio that enhances event programming flexibility. Its location within a highly walkable downtown environment further supports attendance and accessibility for local and regional visitors.
For investors, owner-users, hospitality operators, and event-focused organizations, The MET offers a rare combination of historic significance, modern improvements, downtown positioning, and long-term adaptability within Winnipeg's established urban core.
Positioned along Donald Street within Winnipeg's central business district, the property benefits from proximity to Portage & Main, True North Square, Canada Life Centre, RBC Convention Centre, Manitoba Hydro Place, the Law Courts, major hotels, office towers, and numerous downtown amenities. The location places the asset within one of the city's most active commercial and entertainment districts, supporting corporate events, hospitality functions, conferences, weddings, galas, and community gatherings.
The property combines heritage character with modern functionality through restored architectural elements, upgraded mechanical and electrical systems, theatrical lighting enhancements, renovated food and beverage facilities, and accessible design features. The facility is reported to accommodate up to 1,120 occupants and includes a rooftop patio that enhances event programming flexibility. Its location within a highly walkable downtown environment further supports attendance and accessibility for local and regional visitors.
For investors, owner-users, hospitality operators, and event-focused organizations, The MET offers a rare combination of historic significance, modern improvements, downtown positioning, and long-term adaptability within Winnipeg's established urban core.
Property Facts
| Sale Type | Investment or Owner User | Building Size | 48,000 SF |
| Property Type | Sports & Entertainment | No. Stories | 2 |
| Property Subtype | Theater/Concert Hall | Year Built | 1920 |
| Building Class | B | Parking Ratio | 0.56/1,000 SF |
| Sale Type | Investment or Owner User |
| Property Type | Sports & Entertainment |
| Property Subtype | Theater/Concert Hall |
| Building Class | B |
| Building Size | 48,000 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 0.56/1,000 SF |
Amenities
- Air Conditioning
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Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
100/100
Moderately bikeable
60/100
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281 Donald St - The Met Building
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