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651 Corydon Ave.Winnipeg.MB. 651 Corydon Av 2,000 SF 100% Leased Retail Building Winnipeg, MB R3M 0W3 $695,000 CAD ($347.50 CAD/SF) 8.37% Cap Rate
Investment Highlights
- Prime location in Little Italy, a vibrant and walkable neighborhood with high foot traffic.
- Freestanding two-storey building with on-site parking and strong street visibility.
- Mixed-use investment opportunity featuring commercial space and a popular cocktail bar, The Roost.
- Neighboring popular restaurants drive consistent traffic.
Executive Summary
2,000 square foot retail building available for sale at $695,000. This property presents an exceptional investment opportunity with a strong 8.37% capitalization rate, delivering reliable income and attractive returns. Its C2 zoning designation allows for a wide range of commercial uses, including retail, office, and mixed-use development, providing flexibility for future growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,000 SF
Building Class
C
Year Built
1970
Price
$695,000 CAD
Price Per SF
$347.50 CAD
Cap Rate
8.37%
NOI
$58,200 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
C2 - Commercial - Community District
Parking
9 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
25’ on 651 Corydon Avenue
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 6
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Presented by
Galactic Glass Blowing Inc.
651 Corydon Ave.Winnipeg.MB. | 651 Corydon Av
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