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OFFICE BUILDING  FOR SALE

120 SHERBROOK STREET

Winnipeg, Manitoba


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DESCRIPTION:

2 1/2 storey older home completely refurbished into modern office spaces including redrywalling, rewiring, some newer duopane windows, skylights, new 5 ton rooftop heating & a/c unit installed 2013, copper plumbing, front 2nd floor balcony and rear 2nd floor deck with exterior fire exit. Presently it is occupied by 4 tenants on month to month leases and the owner who also manages the property. All 4 levels have finished spaces with phone outlets in almost every room. The main floor with approx. 1,373 sq. ft. and lower with approx. 1,300 sq. ft have been occupied by the same tenant for over 10 years; the 2nd floor with approx. 1,072 sq. ft. has 3 occupants and each of these 3 floors has 1 washroom including a shower on the lower level. The main and 2nd floors have 6 rooms each and some french doors, the lower level has 5 rooms and the 3rd floor, with approx. 610 sq. ft. has 1 office and the rest mostly open space with a sky-light.

 
 
LOCATION: Sherbrook Street between Westminster and Broadway
SQUARE FOOTAGE: 3,055  total on 3 levels with 1,300  fully finished basement
LOT SIZE: 49.5’ x 124.1’
PARKING: 4 8 spaces, asphalt paved, plus street to lane driveway
ZONING: C2 (Commercial)
HEATING: Electric baseboard on main/lower, F/A gas rooftop-2nd & 3rd
AIR CONDITIONING : Single window unit on main, central a/c on 2nd & 3rd floors
TAXES (2013): $7,212.38
ASSESSMENT (2013): $268,000.00
ASKING PRICE: $459,000.00
   
This information, although believed to be accurate, is not warranted to be so