250 Portage Avenue, Winnipeg
9A//Winnipeg/Downtown Institutional Asset | Multi-Use Opportunity | Owner-User or Investment21,711 SF premium building at Winnipeg's most prominent intersection. Versatile M-zoning supports: professional offices | medical/diagnostic services | financial institutions | retail/hospitality | credit unions | secure operations | adaptive reuse.Building Strengths:- 20-ft clear height main floor (exceptional flexibility)- Full elevator service (accessibility & tenant appeal)- Institutional vault (security & operational capability)- Robust electrical (1,200A/600V/3-phase) supports full-service operations- Downtown location high visibility, institutional district proximityInvestor Profile: Cap rate range 6.5 7.0% on stabilized NOI. Strong owner-user demand; institutional-quality tenancy opportunity. Positioned for premium positioning across multiple operator classes.Transaction Requirements: 48-hour showing notice | Proof of funds/pre-approval | All offers subject to seller legal review and lender requirements.Photography: Feb 2021 appraisal. Current interior available on request. (id:1945)
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Property details for 250 Portage Avenue, Winnipeg
- Type
- Commercial
- Living Area
- 21,711 square feet
- Lot Size
- 0.164
- Stories
- 3
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 250 Portage Avenue
Active Listings
379
Min Price
$18
Max Price
$9,150,000
Avg Price
$434,728
Days on Market
103
days
Sold Listings
105
Min Sold Price
$29,900
Max Sold Price
$3,595,000
Avg Sold Price
$359,499
Days until Sold
76
days
Neighbourhood Census Data
Winnipeg, Manitoba
Population
760
Median Age
36.5
Median Income
$21,360
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.4
Pop. Density: 7,669.0/km²
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 35.7%
English only: 90.1%
English and French: 7.9%
Neither: 2.6%
Median Household Income: $27,968
Median Employment Income: $27,349
Price History
Listed
September 25, 2026
by Keller Williams Real Estate Services
Current Price
$2,695,000
Type
Commercial
For Sale