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89 Princess St
Winnipeg, MB R3B 1K6
Office Property For Sale · 22,155 SF

Investment Highlights

  • Located on the ground floor within the Hemisphere Building
  • Retail potential with great exposure
  • Condo offered for sale or for lease
  • Contemporary ‘open plan’ offices
  • Independent HVAC control

Executive Summary

The Exchange District is home to artists, galleries, and performance venues that are alongside larger institutions like the Centennial Concert Hall, RRC Polytech, the Royal Manitoba Theatre Centre and the upcoming Market Lands Development. It is also home to a growing technology and innovation cluster at the Innovation Centre Red River College. The neighbourhood boasts dozens of unique independent shops and plenty of home grown eateries, pubs, coffee shops, brewers, and gourmet restaurants. Over the last decade the neighbourhood has undergone a residential renaissance, with historic buildings being converted to condominium and rental apartments, now housing over 3,000 new residents.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 2,797 SF
  • Retail
  • Upon Request
  • -
Sale Type Investment or Owner User
Description
89 Princess Street – located in the Exchange District in Winnipeg – offers a variety of experiences for
office and retail workers who enjoy a vibrant atmosphere and spending time on patios for lunch or
strolling into unique and trendy retail shops.

This building sits between McDermot Avenue and Bannatyne Avenue which is among the most active
streets in this part of Winnipeg. Public green spaces are especially well-located and there are a few of
them nearby for one to explore, which makes them easily accessible within the Exchange District.
Unit Unit Size Condo Use Price NOI
Unit 1 2,797 SF Retail Upon Request -

Unit 1

Unit Size
2,797 SF
Condo Use
Retail
Price
Upon Request
NOI
-

Unit 1

Unit Size 2,797 SF
Condo Use Retail
Price Upon Request
NOI -
Sale Type Investment or Owner User
Description
89 Princess Street – located in the Exchange District in Winnipeg – offers a variety of experiences for<br> office and retail workers who enjoy a vibrant atmosphere and spending time on patios for lunch or<br> strolling into unique and trendy retail shops. <br> <br> This building sits between McDermot Avenue and Bannatyne Avenue which is among the most active<br> streets in this part of Winnipeg. Public green spaces are especially well-located and there are a few of<br> them nearby for one to explore, which makes them easily accessible within the Exchange District.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 22,155 SF
Property Type Office (Condo)
Building Class B
Floors 3
Typical Floor Size 7,385 SF
Year Built 1940
Lot Size 0.18 AC
Zoning C-Character - maintaining the architectural and cultural heritage of the West Exchange
  • Listing ID: 36171180

  • Date on Market: 6/9/2025

  • Last Updated:

  • Address: 89 Princess St, Winnipeg, MB R3B 1K6

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