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555 Broadway

11,110 SF 100% Leased Office Building Winnipeg, MB R3C 0W4 $2,950,000 CAD ($266 CAD/SF)

Executive Summary

Avison Young (AY) is pleased to offer for sale or lease a 100% interest in 555 / 561 / 563 Broadway on behalf of its clients, 3818439 Manitoba Ltd.
555 Broadway Avenue is a rare opportunity to acquire a three-storey office building of 11,110 sf (3,712 sf per floor). 561 and 563 Broadway is a 2,856 sf residential/commercial building. Both properties are situated on 21,945 sf of land.
555 Broadway Avenue is located at the NW corner of Broadway and Good Street, directly across the street from the Canada Life Campus. The building was substantially constructed in 1978 with ceiling heights of approximately 9 feet. The property is a functionally well-built office space with an oversized parking lot (16,805 sf) adding additional revenue.
The building footprint coverage is only 20% of the site, resulting in excess land for additional parking revenue or potential development. The property is currently fully leased with tenants who will be vacating over the next three years. 555 Broadway Avenue is perfect for an owner user, or could potentially be redeveloped into a multi-family building.
561 / 563 Broadway is a two and one-half storey house transformed into a three-tenant building accommodating two commercial tenants on the main floor and one residential suite on the 2nd floor. The building was constructed in 1902, with the street front retail shop built in 1955 providing a total of 2,856 sf above grade.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
11,110 SF
Building Class
C
Year Built
1978
Price
$2,950,000 CAD
Price Per SF
$266 CAD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
3,703 SF
Building FAR
1.06
Lot Size
0.24 AC
Zoning
M - Multiple Use

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 3,581 SF
  • Office
  • Full Build-Out
  • 30 Days

Situated on the cusp of downtown Winnipeg, 555 Broadway is within walking distance of the MB Legislative Building as well as the historic retail/residential hub of Osborne Village

  • 2nd Fl-Ste 200
  • 3,756 SF
  • Office
  • Full Build-Out
  • 30 Days

Situated on the cusp of downtown Winnipeg, 555 Broadway is within walking distance of the MB Legislative Building as well as the historic retail/residential hub of Osborne Village

Space Size Space Use Condition Available
1st Fl-Ste 100 3,581 SF Office Full Build-Out 30 Days
2nd Fl-Ste 200 3,756 SF Office Full Build-Out 30 Days

1st Fl-Ste 100

Size
3,581 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 200

Size
3,756 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 100

Size 3,581 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Situated on the cusp of downtown Winnipeg, 555 Broadway is within walking distance of the MB Legislative Building as well as the historic retail/residential hub of Osborne Village

2nd Fl-Ste 200

Size 3,756 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Situated on the cusp of downtown Winnipeg, 555 Broadway is within walking distance of the MB Legislative Building as well as the historic retail/residential hub of Osborne Village

Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (85)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33837432

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 555 Broadway, Winnipeg, MB R3C 0W4

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