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651 Corydon Ave.Winnipeg.MB. 651 Corydon Av 2,000 SF 100% Leased Retail Building Winnipeg, MB R3M 0W3 $500,533 USD ($250.27 USD/SF) 8.37% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime location in Little Italy, a vibrant and walkable neighborhood with high foot traffic.
  • Freestanding two-storey building with on-site parking and strong street visibility.
  • Mixed-use investment opportunity featuring commercial space and a popular cocktail bar, The Roost.
  • Neighboring popular restaurants drive consistent traffic.

EXECUTIVE SUMMARY

2,000 square foot retail building available for sale at $695,000. This property presents an exceptional investment opportunity with a strong 8.37% capitalization rate, delivering reliable income and attractive returns. Its C2 zoning designation allows for a wide range of commercial uses, including retail, office, and mixed-use development, providing flexibility for future growth.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,000 SF
Building Class
C
Year Built
1970
Price
$500,533 USD
Price Per SF
$250.27 USD
Cap Rate
8.37%
NOI
$41,915 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
C2 - Commercial - Community District
Parking
9 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
25’ on 651 Corydon Avenue
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

freshii
CrossFit
Tim Hortons
Snap Fitness 24/7
Anytime Fitness
Smitty's
Starbucks
Safeway
RBC Royal Bank
TD Canada Trust
  • Listing ID: 36684326

  • Date on Market: 7/10/2025

  • Last Updated:

  • Address: 651 Corydon Av, Winnipeg, MB R3M 0W3

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