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Investment Highlights

  • Vendor will subdivide as a condition of the sale.
  • Close proximity to major retail anchors and surrounding residential neighborhoods.
  • Located near significant traffic corridors including Ness Avenue and major arterial routes.
  • Flexible C3 zoning suitable for retail and commercial uses.
  • Convenient access to public transit and Winnipeg bus routes.
  • Highly visible position along Portage Avenue with immediate entry and exit.

Executive Summary

Positioned in a high-visibility location along Portage Avenue, this commercial development parcel offers outstanding connectivity and convenient access in a thriving retail corridor. The site spans approximately 17,300 square feet with frontage of 150 feet on Greenway Crescent W. The C3 commercial zoning supports a variety of commercial uses, making it a flexible investment opportunity for retailers, service providers, and mixed-use operators seeking strong exposure and accessibility.
The property is surrounded by established retail anchors such as Real Canadian Superstore, Fit 4 Less, and other national chains, ensuring consistent traffic patterns and customer flow. Nearby neighborhoods like Crestview and Westwood are dense and well-served by parks, schools, and public transit, which includes multiple Winnipeg Transit routes. Located midway between Unicity shopping area and Polo Park Retail Node, this property benefits from steady regional traffic and easy connection to Ness Avenue and the Murray Park Industrial Park.
With shared roadway easements and planned subdivision as a condition of sale, purchasers can leverage design flexibility for future improvements. Offered at $445,000, this property represents a rare chance to secure well-positioned commercial land in one of Winnipeg’s most recognized corridors for long-term growth potential.

Attachments

3161 Portage Ave

Property Facts

Price $313,235 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Storefront
Total Lot Size 0.40 AC
Zoning C3 - Services to the site will only support commercial uses - not multifamily.

1 Lot Available

Lot

Price $313,235 USD
Price Per AC $788,700.30 USD
Lot Size 0.40 AC

Commercial development land available along high-traffic Portage Avenue in Winnipeg. Approximately 17,300 sq. ft., C3 zoning, strong visibility, and excellent access to retail, transit, and major routes. Ideal for a range of commercial uses.

Description

Property consists of a subdivision of approximately 17,300 sq. ft. from an existing parcel located at 3161 Portage Avenue. Frontage spans about 150 ft along Greenway Crescent W. Zoning is C3, restricted to commercial uses and excludes multi-family development. Easement agreements require shared roadway access for vehicle traffic only. Surrounding uses include large-format retailers and financial institutions. Future property taxes will be determined upon subdivision approval.

Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
  • Listing ID: 41071320

  • Date on Market: 6/26/2026

  • Last Updated:

  • Address: 3161 Portage Av, Winnipeg, MB R3K 0W4

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