424 Mountain Avenue, Neepawa
R36//Neepawa/Prime commercial/residential investment on Mountain Avenue in Neepawa, MB. Fully tenanted with immediate, stable cash flow from two reliable streams.-Commercial: Ground floor leased to an established optometrist on a 5-year lease, offering long-term stability and predictable revenue.-Residential: Upper level features a recently renovated, occupied 2-bed, 1-bath suite.High-visibility downtown location with zero immediate vacancy. Ideal for investors seeking hands-off passive income and capital appreciation in a growing reginal market. Strictly an investment property sale. Financials and lease terms available to qualified buyers upon request. Contact today for details. (id:1945)
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Property details for 424 Mountain Avenue, Neepawa
- Type
- Commercial
- Lot Size
- 33 x 98
- Stories
- 2
- Heating
- Forced air
- Ownership
- Freehold
- Annual Taxes
- $4,482 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 424 Mountain Avenue
Active Listings
16
Min Price
$199,900
Max Price
$1,600,000
Avg Price
$455,325
Days on Market
68
days
Sold Listings
3
Min Sold Price
$299,500
Max Sold Price
$700,000
Avg Sold Price
$451,500
Days until Sold
77
days
Price History
Listed
October 19, 2026
by Century 21 Westman Realty Ltd.
Current Price
$229,000
-39.6% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $229,000 | $150,000 (-39.6%) |
| Oct 23, 2026 | $379,000 | Listed |