Portage & Main Office Building for Sale

63 Albert Street, Winnipeg, MB, Winnipeg 2 days ago
Studio Bedrooms
Other Real Estate Type
Description
Downtown Winnipeg Asset Strong Cash Flow Immediate Upside. Serious investors take note this is a rare opportunity to acquire a cash-flowing asset in Winnipeg s Exchange District with both in-place income and clear value-add potential. The building is fully leased and generating approximately $450,000 in gross revenue and ~$285,000 NOI, providing immediate yield from day one. Unlike many stabilized assets, this property offers built-in upside through tenant turnover, lease restructuring, and operational improvements. A significant portion of the tenancy is on flexible or short-term arrangements, allowing a new owner to mark rents to market and unlock additional value over time. Strategically located steps from Portage & Main, the property benefits from strong accessibility, historic character appeal, and continued long-term relevance within Winnipeg s core.



Call or text Steve Joyal 204-955-3900
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Market Price Insight
Based on 63,016 rental transactions in Winnipeg
$0.77
Avg $/sqft
$1,368
Avg Monthly
233457% above avg
This Listing
Source: Market data 2019–2026 · Winnipeg
Location

Approximate location shown for privacy.