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219A 393 PORTAGE Avenue South
Winnipeg R3B 3H6

$399,900
Industrial / Commercial / Investment

Main Photo: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 1: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 2: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 3: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 4: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 5: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 6: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 7: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 8: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 9: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 10: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 11: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 12: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 13: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 14: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 15: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 16: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 17: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 18: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Photo 19: 219A 393 PORTAGE Avenue South in Winnipeg: Industrial / Commercial / Investment for sale (9A)  : MLS®# 1932826
Status:
Active
Prop. Type:
Industrial / Commercial / Investment
MLS® Num:
1932826
Build. Type:
Enclosed Mall/Shopping Centre
Cherry Creek Café & Bar, which has been a staple business (30 + years) on the west side of the 2nd floor mall, consists of 4748 SF plus 150 licensed seats and 13 VLTs. The owner is selling because he wants to downsize for personal reasons. This is a well-run, excellent dollar generator, with good profits. There is a confidentiality agreement required to be signed prior to any detailed information being divulged.
9A / -
For Sale:
Yes
For Lease:
No
Property Type:
Industrial / Commercial / Investment
Property Sub Type:
Business Only for Sale
Building type:
Enclosed Mall/Shopping Centre, Multi/Mixed Use
Age Description:
Older
Building Area:
4.35 acre(s)
Heating:
Forced Air, Natural Gas
Parking:
Heated, Indoor Parking, Parkade, Underground
Number of Parkade Places:
400
Total Parking Spaces:
400
Security:
1
Construction:
Concrete, Mixed
Corner, Downtown, Street Exposure, High Traffic Location, Shopping Centre, Public Transportation
Fully Air Conditioned, Security / Alarm, Elevator Freight, Elevator Passenger, Fire Alarm, Recessed Fluorescent Lights, High Speed Internet, Mezzanine, Natural Light, Property Manager, 1 or More Washrooms
Fully Serviced
Gross Up Margin:
85680.0
Tenant pay for:
Gas, Hydro, Taxes, Water
Lease Op Costs Include:
Heating, ventilation, & A/C, Insurance, Land Tax, Management, Full Utilities
Title to Land:
Leasehold
Business Type:
Restaurant/Fast Food
Business Name:
Cherry Creek Cafe & Bar
Building name:
PORTAGE PLACE
Business Price Includes:
Competition Clause, Equipment, Fixtures, Leasehold Improvements, Trade Name
Lease Term:
2024
Lease type:
Annual
Lease Measure Type:
Net Usable
Number of Buildings:
189510
Power Type:
Mixed Phased
Sprinkler system:
1
Years of operation:
30
Owner since year:
2004
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Data was last updated March 29, 2020 at 08:35 PM (UTC)

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