Bid Date: April 18th-Pembina Plaza for Sale Listing Details & Market Data

1044-1072 Pembina Highway, Winnipeg, MB R3T 1

  • For Sale $4,975,000
  • Property Type Retail - Strip
  • Property Size 16,588 SF
  • Lot Size 0.81 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1977
  • Date Updated Apr 15, 2024
WinnipegAvison Young is proud to present this investment opportunity to purchase a fully leased mixed use office / retail strip mall located in Winnipeg, MB, one of the busiest arterial roads in the city.

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Attachments

Highlights

  • Incredible rare fully leased Pembina highway immaculately maintained centre for sale
  • Great upside on future renewals due to recent new facelift
  • Over $305,000 NOI with $310,000 scheduled next year ( non recoverable management for government tenant factored in)
  • Assumable 3.24% mortgage for over 50% of value easy to blend and extend
  • Around $5,000,000 will garner interest. Multiple bids expected
  • Management in place and can continue
  • Previously remediated site by Gulf oil in the 90's and further phase 1 and 2 in 2008 clean
  • Qualified buyers may view data room with fully completed Confidentiality Agreement attached.

Contacts

broker

Wes Schollenberg

Avison Young - CA - MB - Winnipeg

(204) 560-1501

Location

Getting Around

  • Walk Score ®

    Very Walkable (83)

  • Transit Score ®

    Good Transit (57)

  • Bike Score ®

    Biker's Paradise (94)
Powered by Walk Score ®
  • City Winnipeg, MB
  • Neighborhood Wildwood - Point Road
  • Postal Code R3T 1

Points of Interest

  • Winnipeg

    2.85 miles

  • Train Ride

    4.00 miles

  • Inkster Junction

    8.80 miles

  • Esso

    0.05 miles

  • Shell

    0.37 miles

  • Red River Co-Op

    0.60 miles

  • Petro-Canada

    0.93 miles

  • Esso

    1.03 miles

  • DOMO Gas Station

    1.15 miles

  • Osborne Husky

    1.24 miles

  • Esso

    1.30 miles

  • Shell

    1.45 miles

  • Red River Co-Op

    1.62 miles

  • Dowon Restaurant

    0.95 miles

  • Cambridge Park & Ride

    1.13 miles

  • Saint Vital Park Boat Launch

    1.47 miles

  • Saint Vital Park Duck Pond

    1.52 miles

  • Armadale Hollows

    1.57 miles

  • Saint Vital Park South

    1.65 miles

  • Indigo

    1.88 miles

  • Indigo

    2.11 miles

  • Morrow Townhouses

    2.35 miles

  • Morrow Apartments

    2.43 miles

  • Niakwa Pizza

    0.01 miles

  • New Golden Inn

    0.03 miles

  • Original Pancake House

    0.07 miles

  • KFC

    0.08 miles

  • Tony's Master of Pizza

    0.10 miles

  • Subway

    0.10 miles

  • Cho Ichi Ramen

    0.22 miles

  • Little Caesars

    0.40 miles

  • Ta-Ke Sushi Take Out

    0.40 miles

  • Doughboys Pizzeria

    0.44 miles

  • Walmart Supercentre

    0.38 miles

  • Giant Tiger

    0.51 miles

  • Sobeys

    0.60 miles

  • FreshCo

    0.64 miles

  • Grant Park Shopping Centre

    0.80 miles

  • Canadian Tire

    0.80 miles

  • Red River Cooperative

    0.85 miles

  • La Grotta

    1.15 miles

  • Safeway

    1.24 miles

  • Foodfare

    1.42 miles

Contact Listing Broker

broker

Wes Schollenberg

Avison Young - CA - MB - Winnipeg

(204) 560-1501