Hammond Building 63 Albert St
44,604 SF 100% Leased Office Building Winnipeg, MB R3B 1G4 $2,696,645 USD ($60 USD/SF)
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EXECUTIVE SUMMARY
Excellent Opportunity to Purchase a 6 storey Heritage Office Building in Winnipegs Exchange District just steps to Portage and Main. With a history of high Occupancy at 99% filled for over 10 years this gives the Investors confidence going forward with stabilized cash flow. Largely month - month tenancy also gives the opportunity for a user buyer to occupy as much space as they need or as little as they need and keep the in place revenue. Building has 2 elevators, 1 passenger elevator and 1 freight elevator as well as a roof top patio. The tenant mix in this building is Art Galleries, non-profits, lawyers, Architects, landscaping companies, tech companies to name a few.
Seller is open to creative financing options, including a VTB mortgage or other forms of seller financing. Seller is also willing to sell up to 50% ownership in the building making it easier to get ownership. Provides the buyer with rental income and future appreciation.
Serious Inquires only
Seller is open to creative financing options, including a VTB mortgage or other forms of seller financing. Seller is also willing to sell up to 50% ownership in the building making it easier to get ownership. Provides the buyer with rental income and future appreciation.
Serious Inquires only
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
44,604 SF
Building Class
C
Year Built
1902
Price
$2,696,645 USD
Price Per SF
$60 USD
Percent Leased
100%
Building Height
6 Stories
Typical Floor Size
7,434 SF
Building FAR
2.77
Lot Size
0.37 AC
Zoning
C - Character
1 of 1
Walk Score®
Walker's Paradise (100)
Transit Score®
Excellent Transit (88)
Bike Score®
Very Bikeable (89)