55 Duncan St - Sports and Entertainment FOR SALE


Winnipeg, MB R3B 0Y5
$3,000,000 CAD
204-943-5700
55 Duncan St, Winnipeg, MB for Sale
$3,000,000 CAD
Sports and Entertainment - FOR SALE
1/1
null | Request Cap Rate

55 Duncan St
Winnipeg, MB R3B 0Y5


HIGHLIGHTS

  • Rare infill opportunity on major thoroughfare.
  • Direct views of Fort Douglas Park and the Red River.
  • Services in place to the existing arena building.
  • Adjacent to multifamily developments along Waterfront Dr.
  • Easy accessibility to public transit.

OVERVIEW

Capital Commercial Investment Services is pleased to offer for sale a 33,385 sq. ft. (0.77 acre) (+/-) site on behalf of CARPENTER CAPITAL CORPORATION (the “Vendor”) located at 55 Duncan Street in Winnipeg, MB. The Property, formerly Duncan Arena, is a rare opportunity to acquire developable multifamily land in the historic Exchange District. The Vendor has entered into a development agreement with CentreVenture which currently contemplates a two-phase development with a total of 115 units and a total of 5,570 sq. ft. of main floor commercial space. A Purchaser will be required to enter into a new agreement with CentreVenture based on its intended design for the site and proposed density.

FOR SALE DETAILS

PRICE

$3,000,000 CAD

PRICE/SF

$345 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,385 SF

ZONING

M

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Trevor ClayCapital Commercial Real Estate Services Inc.More Info
204-943-5700

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

Trevor ClayCapital Commercial Real Estate Services Inc.More Info
204-943-5700

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