R3C Casinos for Sale

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Sports & Entertainment Properties for Sale Within of R3C

Radisson Hotel, Somerset Place, The Met

Mixed Types for Sale
Price Upon Request
3 Properties | Mixed Types

Winnipeg Portfolio of properties for Sale

This portfolio presents a rare opportunity to acquire a connected downtown Winnipeg campus anchored by three complementary assets: The Somerset Building, The Metropolitan Entertainment Centre (The Met), and the Radisson Hotel. Positioned within Winnipeg's Sports, Hospitality and Entertainment District (SHED), the properties benefit from direct access to the city's primary business, convention, entertainment and tourism infrastructure while creating a unique ecosystem for office users, hotel guests, event attendees and corporate groups. The Somerset Building is a nine-storey office and retail asset featuring Portage Avenue frontage, skywalk connectivity to the Canada Life Centre, and direct connections to the Radisson Hotel parkade. Originally constructed in 1908, the property serves as an owner-occupier and value-add investment opportunity with retail exposure along one of Winnipeg's most recognizable commercial corridors. The Met complements the portfolio as a fully restored historic entertainment venue and National Historic Site. Following an extensive restoration and expansion program completed in 2012, the property offers banquet, gala, conference and entertainment capabilities with occupancy for up to 1,120 guests, rooftop amenities and preserved heritage features that create a distinctive event destination. The Radisson Hotel further strengthens the portfolio through its 263-key hospitality component and attached 319-stall parkade, creating operational synergies with both the office and event assets. Together, the three properties form a contiguous downtown campus connected by Winnipeg's skywalk network and surrounded by major demand generators including Canada Life Centre, RBC Convention Centre Winnipeg, True North Square, Portage Place redevelopment and the Hudson's Bay redevelopment project. The combination of office, hospitality and entertainment uses provides diversified income potential and long-term strategic positioning within Winnipeg's evolving downtown core.

Contact:

Colliers

Property Subtype:

Mixed Types

Date on Market:

2026-07-31

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More details for 281 Donald St, Winnipeg, MB - Sports & Entertainment for Sale

The Met Building - 281 Donald St

Winnipeg, MB R3C 1M9

Sports & Entertainment for Sale
Price Upon Request
48,000 SF

Air Conditioning

Winnipeg Sports & Entertainment for Sale

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.