A Rare Turn Key Investment in Portage

164 Saskatchewan Ave E, Portage la Prairie, MB, Portage la Prairie 15 hours ago
Studio Bedrooms
Other Real Estate Type
Description
A Rare, Turn-Key Multi-Use Property in the Heart of Portage la Prairie

Just 40 minutes from Winnipeg, this exceptionally versatile commercial building sits in the core of a rapidly revitalizing downtown. Situated next to a green space with ample rear parking, this property offers over 5,000 sq. ft. of renovated, fully built-out space ideal for wellness, retail, office, medical, studio, shared workspace, or multi-tenant income.



Beautifully updated and deceptively spacious, this property must be toured to fully appreciate its scale, condition, and potential.



PROPERTY HIGHLIGHTS



5,120 sq. ft. of finished, flexible space



14 treatment/office rooms of various sizes



1,000 sq. ft. studio with powder room storage



Modern kitchen with appliances island seating



Laundry areas with 2 stackable units



Multiple washrooms throughout (private shared)



Two main entrances (East West) plus rear entrance



Four dedicated rear parking stalls



Fully serviced lot in high-traffic, high-visibility location



Zoned for mixed commercial use



(***Share Sale Option includes business name, building, signage, website, printer (additional income opportunity) infrared sauna, two tanning beds, most furnishings and current tenants. Please inquire about details for share sale.)

LAYOUT OVERVIEW

A heated vestibule welcomes you into the building.



The West entrance opens to a private, street-facing office currently leased, complete with signage opportunity.



Down the west hallway are:





3 additional rooms



1 powder room



Shared access to a kitchen and laundry area



This side is ideal for professional tenants, consulting, clinical use, or continued rental income.



East Entrance – 10-Room Wellness/Office Wing



Bright and beautifully furnished, the East entrance leads into a welcoming common area.

Features include:



A bright room with north-facing windows

(currently a hair salon)



10 rooms in various sizes suitable for wellness practitioners, aestheticians, counsellors, massage therapists, or offices



3 powder rooms



Access to a modern kitchen with appliances and double stackable laundry



The layout is perfectly suited to a multi-tenant model or a turnkey wellness centre.





Rear Section – Renovated Studio

A refreshed back corridor leads to a 1,000 sq. ft. open studio, complete with:

Its own powder room

Storage rooms

Direct exterior access



Ideal for yoga, fitness, group classes, meditation, events, workshops, or expansion of rental income.



RECENT UPGRADES (2020–2026)

A significant capital refresh has modernized both functionality and aesthetics:



Full interior updates (2020–2025)

Exterior paint (2025)

New high-efficiency gas furnaces ( West Wing Oct 2025) (East Wing/Studio July 2026)

New central air conditioning units (West Wing July 2025)(East Wing/Studio July 2026)

Roof Upgrade October 2026

Updated flooring, lighting, finishes, and washrooms

Modern kitchen laundry facilities



The building combines the charm of its 1914 construction with the convenience of modern systems and décor.



INVESTMENT & BUSINESS POTENTIAL

Whether you’re an owner-operator or investor, this property offers multiple revenue streams and an exceptional turnkey opportunity:

Lease out individual rooms

Run a collective wellness centre

Rent the studio for classes, workshops, or events

Maintain existing tenants

Operate multi-disciplinary services under one roof



The level of build-out: plumbing, rooms, amenities—is rare and valuable for any service-based business.



LOCATION

Situated on Saskatchewan Avenue E, this property benefits from:

Strong street exposure

High foot and vehicle traffic

Adjacent green space

Accessible rear paved parking

Continued investment and revitalization in downtown Portage

www.justbewellnessstudio.ca



Interested in a personal tour of our beautiful space so you can truly experience the amazing energy, please reach out to Kara Pawloski via TEXT 204-856-9999 or email [email protected]



*Seller is a licensed real estate agent with REMAX Valleyview Realty
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Market Price Insight
Based on 361 rental transactions in Portage la Prairie
$0.91
Avg $/sqft
$1,105
Avg Monthly
90421% above avg
This Listing
Source: Market data 2019–2025 · Portage la Prairie
Location

Approximate location shown for privacy.