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888 Portage Av 5,076 SF 100% Leased Retail Building Winnipeg, MB R3G 0P4 $897,950 USD ($176.90 USD/SF)
Investment Highlights
- 100% leased retail property with a history of consistent occupancy.
- Positioned between major hubs, including Polo Park and downtown Winnipeg.
- Proximity to major transit routes, retail amenities, and residential neighborhoods.
- Excellent visibility along Portage Avenue, one of Winnipeg’s primary thoroughfares.
- On-site rear parking with 8 stalls for tenant and customer convenience.
Executive Summary
This fully leased retail asset at 888 Portage Avenue presents a compelling investment opportunity in one of Winnipeg’s most established commercial corridors. Spanning approximately 5,076 square feet, this property offers sustained occupancy and a track record of tenant stability, minimizing long-term vacancy risk. The location is enhanced by high daily traffic counts and convenient access to both the Polo Park retail node and the city’s downtown core, ensuring superior market visibility and access to a dense concentration of amenities.
The property features eight dedicated parking stalls at the rear, providing convenience for tenants and customers alike. Its C2 zoning accommodates a range of commercial uses, creating flexibility for investors seeking a versatile asset in a thriving area. Offered at $1,250,000 with 2025 projected realty taxes of $23,781.23, this asset aligns with the priorities of buyers looking for steady cash flow and enduring market demand.
The property features eight dedicated parking stalls at the rear, providing convenience for tenants and customers alike. Its C2 zoning accommodates a range of commercial uses, creating flexibility for investors seeking a versatile asset in a thriving area. Offered at $1,250,000 with 2025 projected realty taxes of $23,781.23, this asset aligns with the priorities of buyers looking for steady cash flow and enduring market demand.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,076 SF
Building Class
C
Year Built
1977
Price
$897,950 USD
Price Per SF
$176.90 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
C2 - Commercial Community
Parking
8 Spaces (1.58 Spaces per 1,000 SF Leased)
Frontage
68’ on Manitoba 1
Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 10
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888 Portage Av
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