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47 Lydia St 1,980 SF Industrial Building Winnipeg, MB R3A 1K7 $359,216 USD ($181.42 USD/SF) 6% Cap Rate
Investment Highlights
- Located near Health Sciences Centre and close to downtown Winnipeg.
- 200-amp electrical service supporting light industrial or service-based businesses.
- Secure fenced compound with parking for 10+ vehicles on site.
Executive Summary
Strategically located near Health Sciences Centre and within close proximity to downtown Winnipeg, 47 Lydia Street presents a highly functional commercial property suitable for trades, flex industrial use, or secure storage requirements. The property features approximately 1,980 square feet of enclosed space plus a ±500-square-foot mezzanine level for added efficiency and storage capacity.
The building offers an 18-foot ceiling height, grade loading via an 8’ x 10’ door, and 200-amp, 120/240V single-phase power, providing operational flexibility for a wide range of light industrial or service-oriented uses. A fenced rear compound enhances security for vehicles and equipment, while parking for 10 or more vehicles maximizes accessibility for staff and visitors. Currently occupied by a tenant until June 2028, this property provides a combination of income stability and long-term potential in an active commercial corridor near major arterial routes.
The building offers an 18-foot ceiling height, grade loading via an 8’ x 10’ door, and 200-amp, 120/240V single-phase power, providing operational flexibility for a wide range of light industrial or service-oriented uses. A fenced rear compound enhances security for vehicles and equipment, while parking for 10 or more vehicles maximizes accessibility for staff and visitors. Currently occupied by a tenant until June 2028, this property provides a combination of income stability and long-term potential in an active commercial corridor near major arterial routes.
Property Facts
| Price | $359,216 USD | Rentable Building Area | 1,980 SF |
| Price Per SF | $181.42 USD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2009 |
| Cap Rate | 6% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.62/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.09 AC | ||
| Zoning | C1 - Commercial Neighbourhood District | ||
| Price | $359,216 USD |
| Price Per SF | $181.42 USD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.09 AC |
| Rentable Building Area | 1,980 SF |
| No. Stories | 1 |
| Year Built | 2009 |
| Tenancy | Single |
| Parking Ratio | 1.62/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | C1 - Commercial Neighbourhood District |
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Exceptionally walkable
100/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100
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47 Lydia St
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