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2528 King Edward St 10,516 SF Specialty Building Offered at $1,235,028 in Winnipeg, MB R2R 2Y8
INVESTMENT HIGHLIGHTS
- Main floor has a sanctuary (capacity approx. 220 people), offices, and washrooms
- access from main level to lower level with 1,000 lbs max capacity, and room for 2 people (wheelchair plus caregiver)
- Roof and HVAC are original from 1986. Quote for $60K to replace entire roof
- Includes banquet hall (capacity of approx. 150 people), commercial kitchen, Sunday school rooms and washrooms
- Abundant onsite parking, with additional lands available for parking development to the west
EXECUTIVE SUMMARY
2528 King Edward Street is a well-maintained 10,516 sf church built in 1986 located just north of Inkster on a 1.5-acre site. The Property has excellent visibility and exposure to King Edward Street with single family houses directly across the street. There is an existing tenant that is able to use the building between certain hours, which can be adjusted if needed by a new owner. Located in the rapidly growing residential neighborhoods of Meadows West and Tyndall Park, with explosive growth of the Centreport and North Inkster industrial parks to the west of the Property and the new retail development at Waterford Green Commons just a couple blocks away from the Property. The church is move in ready, and a perfect home for a local growing church congregation in northwest Winnipeg.
PROPERTY FACTS
| Price | $1,235,028 USD | Building Class | B |
| Price Per SF | $117.44 USD | Lot Size | 1.50 AC |
| Sale Type | Investment | Building Size | 10,516 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Religious Facility | Year Built | 2010 |
| Zoning | AG - Agriculture | ||
| Price | $1,235,028 USD |
| Price Per SF | $117.44 USD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 10,516 SF |
| No. Stories | 2 |
| Year Built | 2010 |
| Zoning | AG - Agriculture |
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2528 King Edward St
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