63 Albert St - Office FOR SALE


Winnipeg, MB R3B 1G4
$3,599,999 CAD
204-955-3900
63 Albert St, Winnipeg, MB for Sale
$3,599,999 CAD
Office - FOR SALE
1/18
null | 7.92% Cap Rate

Jun '26


63 Albert St
Winnipeg, MB R3B 1G4


OVERVIEW

Downtown Winnipeg Asset Strong Cash Flow + Immediate Upside. Serious investors take note this is a rare opportunity to acquire a cash-flowing asset in Winnipeg s Exchange District with both in-place income and clear value-add potential. The building is fully leased and generating approximately $450,000 in gross revenue and ~$285,000 NOI, providing immediate yield from day one. Unlike many stabilized assets, this property offers built-in upside through tenant turnover, lease restructuring, and operational improvements. A significant portion of the tenancy is on flexible or short-term arrangements, allowing a new owner to mark rents to market and unlock additional value over time. Strategically located steps from Portage & Main, the property benefits from strong accessibility, historic character appeal, and continued long-term relevance within Winnipeg s core.

FOR SALE DETAILS

PRICE

$3,599,999 CAD

PRICE/SF

$81 CAD /SF

CAP RATE

7.92%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1902

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Steve JoyalHammond Building LtdMore Info
204-955-3900

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Steve JoyalHammond Building LtdMore Info
204-955-3900

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