Unique Opportunity – Commercial Live/Work M1 Light Industrial Pr

Selkirk, MB R1A 2A7, Winnipeg 1 day ago
Studio Bedrooms
Commercial & Office Space for Rent Type
Description
Unique Opportunity – Commercial Live/Work M1 Light Industrial Property in Selkirk, Manitoba

For Lease • Lease with Right of First Refusal / Option to Purchase • Or For Sale

Asking Price (Sale): $399,000

Lease Starting At: $3,000/month GST (utilities extra)

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Commercial Storage Garage / Shop with Attached Watchman Suite

A rare opportunity to lease or purchase a versatile live/work commercial property located at 142 Lily Avenue, Selkirk, Manitoba, in an M1 – Light Industrial zoned area.

The property offers heated indoor workspace, secure outdoor storage compounds, and an attached two-bedroom watchman/live-work suite, that can easily be converted to an office. It is ideal for contractors, service companies, fleet operators, trades, fabrication, warehousing, equipment storage, or many other industrial and commercial uses permitted under M1 zoning.

A Right of First Refusal / Option to Purchase may be available to qualified tenants.

Additional assets—including a long-established plumbing/HVAC business name, equipment, inventory, and transition assistance—may also be available through separate negotiation.

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Excellent Location

Situated on the north side of Selkirk in the M1 Industrial Park on the corner of Lily Avenue & Poplar Street South, just east of the proposed solar glass manufacturing development.

Approximate driving times:

• Highway 9: Approximately 2 minutes

• Highway 9A: Approximately 3 minutes

• Highway 4: Approximately 5 minutes

• Highway 44: Approximately 7 minutes

• Winnipeg Perimeter Highway (PTH 101): Approximately 20–25 minutes

• Downtown Winnipeg: Approximately 35 minutes

Excellent access for local and regional commercial transportation.

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Property History

For approximately 20 years, this property successfully operated as the shop and headquarters of a plumbing, HVAC, snow removal, equipment, and small aggregate contracting business that served the Selkirk area for over 30 years before the owner retired.

The business owner's son—also a licensed multi-trade Plumbing & HVAC Journeyperson—is preparing for retirement but still owns:

• Established business name

• Long-standing business phone number

• Equipment

• Tools

• Inventory

These assets may be purchased separately and could include temporary transition assistance for buyers wishing to continue or establish a plumbing/HVAC business or the business could be sold separately.

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Property Details

Lot

• M1 Light Industrial Zoning

• Approx. 0.597 Acres

• Corner Lot

• Frontage: 161.63 ft

• Depth: 148.45 ft

• Asphalt front driveway

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Utilities

• 240 Volt

• 200 Amp

• Single Phase

• Upgrade potential to Three-Phase power

• Private well with 5-inch casing

• 240V submersible pressure system

• Separate electrical services where applicable

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Attached Live/Work Suite

Approx. 900 sq. ft. (25' × 36')

Features:

• Two bedrooms

• Open kitchen/living area

• Three-piece bathroom

• Front-load washer & dryer

• High-efficiency natural gas furnace

• Central air conditioning

• HRV system

• Metal roof

• Metal siding

• Expanded trusses (offering potential for future office conversion)

• Local alarm system with monitoring capability

• Exterior motion lighting

Ideal as:

• Watchman residence

• Owner/operator accommodation

• Staff housing

• Office conversion

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Main Heated Shop

Approx. 936 sq. ft. (26' × 36')

Features:

• 14-foot ceilings

• 12' × 14' overhead door

• Concrete slab-on-grade floor

• High-efficiency ducted natural gas furnace

• Washroom

• 26' × 10' mezzanine

• Piped compressed air distribution system

• Optional stationary air compressor available separately

• New shingles (2018)

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Rear Heated Shop

Approx. 520 sq. ft. (20' × 26')

Features:

• 10-foot ceilings

• 9' × 9' overhead door

• Concrete slab floor

• Separate electric unit heater

• Rough-in for second washroom

• New shingles (2018)

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Outdoor Storage

Three separately accessible gravel storage compounds featuring:

• 6-foot chain-link fencing

• Multiple gated entrances

• Secure equipment storage

• Outdoor electrical receptacles (largest compound)

Ideal for:

• Contractors

• Construction equipment

• RV storage

• Campers

• Boats

• Trailers

• Fleet vehicles

• Material storage

Please Note: A fourth rear storage compound is leased separately and is not included.

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M1 Light Industrial Zoning

The M1 zoning designation accommodates numerous industrial and commercial uses, including an accessory single-family live/work residence, making this property highly adaptable for owner-operators.

Prospective tenants and purchasers should confirm their intended use with the City of Selkirk.

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Lease Information

Starting from:

$3,000/month GST

Includes:

• Attached suite

• Main shop

• Rear shop

• Three fenced storage compounds

Not Included:

• Utilities

• Fourth rear compound

• Stationary air compressor

Minimum two-year lease preferred, although lease terms may be negotiated.

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Occupancy Requirements

Prior to occupancy:

• Business Licence (where required)

• Occupancy Permit (where applicable)

• Commercial General Liability Insurance

• First Month's Rent ( GST)

• Damage Deposit ( GST)

• Pet Deposit ( GST), if applicable

This is a commercial lease and is not governed by Manitoba's Residential Tenancies Branch (RTB).

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Viewings

Viewings are available by appointment.

We welcome discussions regarding:

• Intended business use

• Lease terms

• Renovations or tenant improvements

• Long-term occupancy

• Right of First Refusal

• Option to Purchase

• Sale opportunities

• Additional Plumbing & Heating business, business assets available by separate negotiation

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Serious Inquiries Only

Call: 204-485-4188
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Market Price Insight
Based on 63,016 rental transactions in Winnipeg
$0.77
Avg $/sqft
$1,368
Avg Monthly
29067% above avg
This Listing
Source: Market data 2019–2026 · Winnipeg
Location

Approximate location shown for privacy.