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55 Duncan St 8,686 SF Sports & Entertainment Building Offered at $2,149,120 in Winnipeg, MB R3B 0Y5
INVESTMENT HIGHLIGHTS
- Rare infill opportunity on major thoroughfare.
- Services in place to the existing arena building.
- Easy accessibility to public transit.
- Direct views of Fort Douglas Park and the Red River.
- Adjacent to multifamily developments along Waterfront Dr.
EXECUTIVE SUMMARY
Capital Commercial Investment Services is pleased to offer for sale a 33,385 sq. ft. (0.77 acre) (+/-) site on behalf of CARPENTER CAPITAL CORPORATION (the “Vendor”) located at 55 Duncan Street in Winnipeg, MB. The Property, formerly Duncan Arena, is a rare opportunity to acquire developable multifamily land in the historic Exchange District. The Vendor has entered into a development agreement with CentreVenture which currently contemplates a two-phase development with a total of 115 units and a total of 5,570 sq. ft. of main floor commercial space. A Purchaser will be required to enter into a new agreement with CentreVenture based on its intended design for the site and proposed density.
PROPERTY FACTS
| Price | $2,149,120 USD | Building Class | B |
| Price Per SF | $247.42 USD | Lot Size | 0.77 AC |
| Sale Type | Investment | Building Size | 8,686 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Sports & Entertainment | Year Built | 1900 |
| Zoning | M - M - Multiple Use | ||
| Price | $2,149,120 USD |
| Price Per SF | $247.42 USD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Sports & Entertainment |
| Building Class | B |
| Lot Size | 0.77 AC |
| Building Size | 8,686 SF |
| No. Stories | 1 |
| Year Built | 1900 |
| Zoning | M - M - Multiple Use |
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Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (72)
Bike Score®
Very Bikeable (89)
CONTACTS
-
Trevor Clay -
Bryn Oliver -
Luke Paulsen -
Capital Commercial Real Estate Services Inc.
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55 Duncan St
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