1380 Ellice Ave - Retail FOR SALE


Winnipeg, MB R3G 0G2
$3,995,000 CAD
204-560-1500
1380 Ellice Ave, Winnipeg, MB for Sale
$3,995,000 CAD
Retail - FOR SALE
1/1
null | Request Cap Rate

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1380 Ellice Ave
Winnipeg, MB R3G 0G2


HIGHLIGHTS

  • Perfectly suited for retail, showroom, and office use
  • Unparalleled high traffic intersection exposure in St. James
  • Excellent onsite parking
  • Single tenant building
  • Abundant natural light
  • Additional Landlord’s Work such as lower level windows, HVAC upgrades TBN

OVERVIEW

1380 Ellice Ave is situated within a cutting-edge development poised to become the “PREMIER RETAIL HUB BETWEEN TORONTO AND CALGARY. “ The property is adjacent to the Plaza at Polo, a sprawling 600,000+ sf project that anchors Winnipeg’s leading retail shopping district. The Polo Park area is home to numerous prominent national retailers, attracting shoppers from across Manitoba. It is conveniently located near CF Polo Park, Winnipeg’s busiest indoor shopping center, which welcomes 10 million visitors each year. As the largest regional mall in the city, CF Polo Park boasts 1.3MSF of retail space, featuring major stores like Hudson’s Bay and the Scotiabank Theatre. The area is surrounded by well-known brands such as Walmart, Costco, Home Depot, Chapters, Save-On Foods and Canadian Tire and there are six major hotels located nearby. In addition to the robust retail scene, a new multifamily residential development is currently in progress. Plans are in motion to revamp the Polo Park area into a contemporary, mixed-use destination. This transformation will encompass the CF Polo Park, Plaza at Polo and Polo North Developments, ideally located on Portage Ave and St. Matthews Ave stretching between St. James St, Ellice Ave and Empress St. The approximately 84-acre development will feature numerous multifamily buildings, offering thousands of high-quality residential units. This ambitious project is set to unfold over the next decade, with an investment exceeding $1B. This presents a unique opportunity to be situated within the most thriving shopping district on the Prairies

FOR SALE DETAILS

PRICE

$3,995,000 CAD

PRICE/SF

$302 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,240 SF

ZONING

C2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Paul DouglasAvison YoungMore Info
204-560-1500

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Paul DouglasAvison YoungMore Info
204-560-1500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.