456 Main Street Price Reduced
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PRICE REDUCED 456 MAIN STREET WINNIPEG, MB THE OFFERING The Offering- Capital Commercial Real Estate Services Inc. is pleased to present a rare opportunity to acquire a beautiful historic office building in Downtown Winnipeg. This building has been held to an extremely high standard, with historically low vacancy rates and an excellent opportunity for future growth in rental rates. INVESTMENT HIGHLIGHTS » High-quality downtown location » Rare opportunity to own a historic office building in Winnipeg’s Exchange District » Stable rent roll and vacancy history » Attractive income growth profile » Free and clear of existing financing » Rich history, originally the Bank of Toronto Building PROPERTY DETAILS PROPERTY TYPE Multi-Tenant Office/Retail BUILDING AREA 18,600 sq. ft. (+/-) RENTABLE AREA 16,811sq. ft. (+/-) LAND AREA 7,344 sq. ft. (+/-) OCCUPANCY 91% STOREYS 4 YEAR BUILT 1905 PARKING 4 stalls (+/-) ASKING PRICE $2,200,000 $2,100,000 PROPERTY TAX $29,182.45 PROJECTED NOI $145,431 (stabilized) Bell MTS Centre Old Market Manitoba Manitoba Square Legislature RBC Winnipeg Richardson Museum Building Shaw Convention Centennial Winnipeg Park Centre 360 Main 201 Portage Concert Hall City Hall 456 Main Street 0 9 2 6 3 5 2 . 9 6 1 7 . 6 6 2 2 1 2 3 1 . 7 . 7 1 V 4 6 9 5 1 3 A . 6 1 7 6 0 4 7 0 6 3 . 1 5 2 2 6 C 8 4 9 7 8 E 7 1 9 1 6 . 0 . 5 . 6 4 6 5 5 N 2 3 6 . 7 0 3 5 1 1 4 0 7 8 7 6 . P 7 3 7 Y 1 7 1 4 5 2 4 2 1 0 SP5 2 829 3 1 2 1 S 9 T 2 e 4 1 8 0 7 1 1 1. 1 . 1 d . 5. 9 1 i . 30.175 9 1 0 6 8 C 7 4 1 . A 1 4 4 w 8 7 1 7 5 047 5 8 9 1 9 . 1 4 5 5 5 . 9 N 7 1 7 2 1 3 4 0 . 1.829 . 4 7 0 6 3 3 . 6 3 1 8 N 5 8 4 2 . 5 1 . 4 .3 1 7 1 A 1 6 2 3 5 3 4 7 5 2 8 8 50 5 . 5 9 2 1 2 0 2 . 7 . 3 2 8 0 5 B 4 9 7 E 3 6 6 4 8 1 7 7 8 . 9 P 9 3 2 1 8 2 1 2 1 1 5 8 0 7 6 . 4 2 . 3 . V 9 . 0 4 2 8 0 . 8 1 1 6 1 8 0 3 S 7 6 . 9 3 1 0 4 4 9 1 0 2 59 30.952 30.175 23.165 3 1 1 1 . A . 1 6 7 9 7 1 1 8 40 5 0 . 5 1 2 4 9 . 2 . 1 8 1 . 4 0 9 0 . 1 5.029 wide 5.029 wide 6 2 1 8 5 2 1 7 4 5 2 .34 . 9 3 8 4 1 5 2 0 29.219 8 9 .0 T C 9 9 8 15.636 15.895 12.122 0 3 5 . 3 . 5 9 3 5 4.877 wide 1 6 6 5 O 5 30 2 32971 . 32971 SP5 24.655 1 32971 M 0 2 5 SP2 R 7 29002 6 7 6 6 1 6 . 3 1 20 5 E 5 7 7 7 4 0 5 . 8 5 5 5 3 5 . 5 7 3 6 5 . D 8 8 5 Meters 3 C 1 6 6 6 5 7 5 Scale: 1:1000 7 7 3 8 1 3 3 3 . c 3 . C 7 16 15 3 1 2 3 1 6 26 7 10 9 18 1 0 19 0 0 1 3 3 3 10 M 5 423 MAIN STREET 7 1 CN BUILDING 4 1 . 0 2 5 . 5 433 MAIN STREET 1 20.117 GRAIN EXCHANGE BUILDING 41.925 14.478 31.175 50.722 15.819 31.745 8.245 0 457 441 433 423 395 389 387 10 4 3 2 . MAIN ST 0 MA 4 3 3 466 3 . 9 492 474 468 466½ 460 456 440 436 430 11.256 7.62 55.761 22.891 6. 11.96 13.533 20.208 16.764 15.331 16.633 937 E 8 3 6 N 8 7 V 1 7 6 3 8 . 2 . H . 9 3 4 1 3 5 A 785 . 2 E L 6 7 5 1 4 . 9 2 O L K H 5 4 3 2 1 3 32 5 2 1 4 8 1 2 8 V 1 . J 795 . R 30. 3 6 1 5 P 7 E . 795 2 3 2 3 A 3 0 33 09 37. 7 T 7 9 3 PARLOUR COFFEE 1 T . 468 MAIN STREET S . S 6 N P 3 8 37. 9 4 . 1 P 6 7 8.23 460 MAIN STREET S 3 7 1 572 2 2 0 THE MCKIM BUILDING 1 4 4 .99 1 T 2 Y 7 5 7 8 1 C . 4. THE WOODBINE HOTEL 586 211 BANNATYNE AVENUE 8 CITY OF WINNIPEG 7 6 6 5 6 21.848 T O 3 9 2 7 8 5 2 . 4 . 9 4 7 3 6 219 6 . A 2 3 1 4 N 6 5 456 Main Street 586 2 1 586 5 M 6 6 11 1. P3 .89 8 3 8 6 0.321 3 8 . 15.307 16.657 N 2 22.586 5 3 8 3 2 C 1 6 5 . LAND INFORMATION SYSTEMS C 4 1 9 2 3 2 N 5 3 4 . ER 19 00 3 6 1 9 30 7.62 wide 9 1 7 0 6 8 3 2 . P 32. A 0 D 3 0 9 1 4 4. 2 20 . 7 . 2 . 7 4 67 . S 4 2 62 3 5 S P 3 7 2 1 02 3 5 c 6 3 B .4 1 5 6 . 16.566 1 4 3 2 8 6 1.6 0 7 4 B 3 . 3 4 5 0 9 6 1 M 3 7 1 P 8 . 6 9 1 3 13 0 1 3 15. 1 2 4 586 4 7 2 8 9 2 2 5 2 3 4 8 7 1 S 1 4 0 0 1 8 8 1 . 0 . 5 5 7 2 2 e 1 21 1 . 9 C 0 0 d PLANNING, PROPERTY AND DEVELOPMENT DEPARTMENT . 2 3 2 i 1 7 . 2 2 3 4 54 3 2 4 . w 0 6.8 3 7 2 A 4 0 8 1 7 0 9 2 1. 23 . 9 7 3 63 3 2 6 186 . 2 2 8 4 1 93 1 . 3 3 D 3 2 4 F 9 29 1 7 7 1 .9 9.8 . 92 12 37. 25 2 C 1 G 3 1 2 . 6 1 0 2 AL 32.004 E 8 BERT 5 ST 75 22.372 7 65 1 63 1 61½ . 61 0 2 70 68 NOTE: Information displayed hereon has been 6 compiled or computed from a variety of sources 2 and should be used as a general guide only. No warranty is expressed or implied regarding the accuracy of such information. 2018 Aerial Photography ELLEN DRIVE DISTANCE DAGMAR ELGIN DRIVE TIME UNITED WAY CHINESE CULTURAL CENTRE RUPERT JAMES RED RIVER DISRAELI FREEWAY CAMPUS UKRANIAN CULTURAL CENTRE BANNATYNE PUBLIC WILLIAM SAFETY WINNIPEG BUILDING CITY HALL MARTHA MCDERMOT COUNCIL THE MANITOBA BUILDING MAIN MUSEUM CENTENNIAL PLANETARIUM CONCERT HALL PARKADE MARKETOLD MARKET NOTRE DAME PANTAGES 750 m HARGRAVE SQUART PLAYHOUSE SITE LILYWAREHOUSEMTC 3 min. CENTRAL PARK CUMBERLAND ADELAIDE JAMES PORTAGE & MAIN QU’APPELLE ARTSPACE EDMONTON PRINCESS EXCHANGE DISTRICT THE JOHNHIRSCH KENNEDY THEATRE KING BERTHA ARTHUR BURTON N.R.C.C. CUMMINGS THEATRE ALBERT ELLICE EXCHANGEGRAIN DUCKWORTH RICHARDSON CENTRERORIEBUILDING CENTRE WEBB 201 AIR PORTAGE LOMBARD VAUGHAN CANADA CIBC 9.3 km BLDG. PORTAGE & MAIN THE PROMENADE AIR FORT COLONY FAIRMONT BALMORAL CANADA GARRY MAIN HOTEL SMITH 23 min. SPENCE PARK PORTAGE PLACE EXCHANGE JAMES ARMSTRONG HARGRAVE WINNIPEG DOCK RICHARDSON CARLTON BELL SQUARE PORTAGE EDMONTON MANITOBA WATERFRONT DR INTERNATIONAL UNIVERSITY OF WINNIPEG KENNEDY HYDRO MTS PLACE PIONEER WESTBROOK AIRPORT THE VAUGHAN PLACE PLUG TO ST. JAMESGOOD BAY MILL IN WILLIAM STEPHENSON WAY MEMORIAL COLONY GRAHAM MALL (TRANSIT/CYCLISTS ONLY) ROYAL TRUE CITYPLACE DONALD MILLENIUM WINNIPEG LIBRARY WINNIPEG WINNIPEG BALLET NORTH POLICE WESLEY Shaw ART SERVICES GALLERY HEADQUARTERS Park SQUARE MILLENIUM ST. MARY’S LIBRARY CATHEDRAL PARK ST. MARY AVE. STEPHEN JUBA RED RIVER 1.8 km PARK JAPANESE 8 min. OSBORNE GARDEN RBC RBC CONVENTION YORK CENTRE WINNIPEG CONVENTION GARRY PROVENCHER BRIDGE TO CENTRE FORT MEMORIAL LAW CANADIAN MUSEUM ST. BONIFACE PARK COURTS REVENUE FOR HUMAN RIGHTS CANADA PIONEER BLVD ESPLANADE RIEL BROADWAY union KENNEDY BALMORAL CARLTON HARGRAVE DONALD SMITH station EDMONTON FORKS MARKET RD FORT GREAT WEST LIFE BUILDING GARRY UPPER MAIN FORT HOTEL GARRY 2 km GATE 6 min. MANITOBA LEGISLATURE THE FORKS ASSINIBOINE THE FORKS BONNYCASTLE HERITAGE PARK LANDING ASSINIBOINE RIVER WINNIPEG QUICK FACTS MARKET OVERVIEW POPULATION GROWTH Located at the junction of the Red and Assiniboine Rivers, the City of 6.9% population growth in Downtown Winnipeg lies at the geographic centre Winnipeg over the of North America and is the capital city past 5 years leading to more people living of the Province of Manitoba.