156-158 Sherbrook St - Storefront FOR SALE


Winnipeg, MB R3C 2B4
$895,000 CAD
204-294-1087
156-158 Sherbrook St, Winnipeg, MB for Sale
$895,000 CAD
Storefront - FOR SALE
1/14
null | Request Cap Rate

156-158 Sherbrook St
Winnipeg, MB R3C 2B4


HIGHLIGHTS

  • Corner lot location with visibility along Sherbrook Street.
  • Established retail tenant mix provides in-place income.
  • Owner-occupier opportunity with available vacant area.
  • Rear on-site parking supplemented by nearby street parking.
  • Convenient access to Portage Avenue and Osborne Street.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$895,000 CAD

PRICE/SF

$281 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,477 SF

ZONING

C2

APN/PARCEL ID

CUSTOM-2316837

ASK ABOUT THIS PROPERTY

Jared KushnerICI PropertiesMore Info
204-294-1087

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Jared KushnerICI PropertiesMore Info
204-294-1087

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