Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Historic entertainment venue extensively restored and expanded in 2012.
  • Facility accommodates up to 1,120 occupants per City occupancy permit.
  • Fully accessible building with modernized infrastructure and elevator access.
  • Located in Winnipeg's downtown core near True North Square and Portage & Main.
  • Rooftop patio enhances event and hospitality programming opportunities.
  • Heritage-designated property featuring preserved historic interior elements.

Executive Summary

The Metropolitan Entertainment Centre ("The MET") presents an opportunity to acquire one of Winnipeg's most recognizable historic event and entertainment properties. Originally constructed as the Allen Theatre and later operated by Famous Players Canadian Corporation, the building has served as a landmark destination in downtown Winnipeg for more than a century. Following its acquisition by Canada Inns founder Leo Ledohowski, the property underwent an extensive restoration and expansion program completed in 2012, including a substantial modernization of the facility's interior, infrastructure, accessibility features, rooftop patio, service elevator, and event spaces.
Positioned along Donald Street within Winnipeg's central business district, the property benefits from proximity to Portage & Main, True North Square, Canada Life Centre, RBC Convention Centre, Manitoba Hydro Place, the Law Courts, major hotels, office towers, and numerous downtown amenities. The location places the asset within one of the city's most active commercial and entertainment districts, supporting corporate events, hospitality functions, conferences, weddings, galas, and community gatherings.
The property combines heritage character with modern functionality through restored architectural elements, upgraded mechanical and electrical systems, theatrical lighting enhancements, renovated food and beverage facilities, and accessible design features. The facility is reported to accommodate up to 1,120 occupants and includes a rooftop patio that enhances event programming flexibility. Its location within a highly walkable downtown environment further supports attendance and accessibility for local and regional visitors.
For investors, owner-users, hospitality operators, and event-focused organizations, The MET offers a rare combination of historic significance, modern improvements, downtown positioning, and long-term adaptability within Winnipeg's established urban core.

Attachments

281 Donald St

Property Facts

Sale Type Investment or Owner User
Property Type Sports & Entertainment
Property Subtype Theater/Concert Hall
Building Class B
Building Size 48,000 SF
No. Stories 2
Year Built 1920
Parking Ratio 0.56/1,000 SF

Amenities

  • Air Conditioning
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
100/100
Moderately bikeable
60/100
  • Listing ID: 41504330

  • Date on Market: 7/31/2026

  • Last Updated:

  • Address: 281 Donald St, Winnipeg, MB R3C 1M9

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}