Portage & Main Office Building for Sale

63 Albert Street, Winnipeg, MB, Winnipeg 22 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.