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High Profile 21,711 SF Building in Downtown Winnipeg, MB
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Auction #
536-1 -
Interior Space:
± 21,711 SF -
Transaction Fee:
4%
High Profile 21,711 SF Building in Downtown Winnipeg, MB
Medical/Office/Residential/Retail Property For Sale in Winnipeg, MB
250 Portage Ave, Winnipeg, MB R3C 0B1FRE Auctions & Shindico Realty Inc. are pleased to present the Online Auction Plus event (allows for contingencies, and any contingencies will be considered) for a high exposure 21,711 SF building in downtown Winnipeg, MB.
Located on a high-visibility corner location along Portage Ave & Garry St, the building is situated in Winnipeg's business district and steps from the SHED District, The Forks, Bell MTS Place, RBC Convention Centre, University of Winnipeg, and Red River College. The property is being offered at a substantially low basis and significantly below the average cost per square foot for the downtown Winnipeg market.
Property Highlights:
Attractive low cost basis and being offered significantly below average cost per square foot
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Impressive 22 ft. high main floor ceilings which can allow for mezzanine potential
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Zoned for multiple uses
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Floor to ceiling windows on three sides provides abundant natural light
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Flexible configuration for a wide range of uses including office, medical, retail or mixed-use
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Signature head office opportunity with strong signage opportunities
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Electrical system: 1400 Amps, 600V, 3-Phase Service, Expandable to 2.5 Megawatts
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Fully built-out lower level with fully functional bank vault
High profile location on southwest corner of Portage Ave & Garry Street in Winnipeg's Central Business District
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Steps frpm the SHED District
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Walking distance to The Forks, Bell MTS Place, RBC Convention Centre, University of Winnipeg and Red River College
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One block west underground concourse and Shops of Winnipeg Square
Directly adjacent to multi-level Garry Street parkade with a total of 358 stalls
Location Highlights:
Downloadable Documents Sign In to Access
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Shindico Realty Inc.
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
This auction is estimated to start on Tuesday December 23, 2025.
To remain informed on this auction or any auction click the star at the top of the images (log in or signup first).
How to Bid
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1Set up a free user accountFree registration with no obligation. Your account provides access to additional information and documents, as well as email updates.
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2Search & SelectThe Future of Real Estate features real estate from the USA and international. Utilize our advanced search criteria to narrow down your selection.
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3Review InformationAccess property information to make better-informed decisions. Available information varies depending on each real estate asset type.
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4Submit Deposit (if required)Prior to placing a bid, you may need to submit a deposit. Deposits can be submitted using credit card, wire transfer or check.
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5Place Online BidPlace bids on your selected asset prior to the deadline. Specifics vary for each asset.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
Conditions may be included with your bid
Winnipeg, MB R3C 0B1
Canada
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Winnipeg, MB
Canada -
Property Type: Commercial Property
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Interior Space: ± 21,711 SF
-
Transaction Fee: 4%
FRE Auctions & Shindico Realty Inc. are pleased to present the Online Auction Plus event (allows for contingencies, and any contingencies will be considered) for a high exposure 21,711 SF building in downtown Winnipeg, MB.
Located on a high-visibility corner location along Portage Ave & Garry St, the building is situated in Winnipeg's business district and steps from the SHED District, The Forks, Bell MTS Place, RBC Convention Centre, University of Winnipeg, and Red River College. The property is being offered at a substantially low basis and significantly below the average cost per square foot for the downtown Winnipeg market.
Property Highlights:
Attractive low cost basis and being offered significantly below average cost per square foot
-
Impressive 22 ft. high main floor ceilings which can allow for mezzanine potential
-
Zoned for multiple uses
-
Floor to ceiling windows on three sides provides abundant natural light
-
Flexible configuration for a wide range of uses including office, medical, retail or mixed-use
-
Signature head office opportunity with strong signage opportunities
-
Electrical system: 1400 Amps, 600V, 3-Phase Service, Expandable to 2.5 Megawatts
-
Fully built-out lower level with fully functional bank vault
High profile location on southwest corner of Portage Ave & Garry Street in Winnipeg's Central Business District
-
Steps frpm the SHED District
-
Walking distance to The Forks, Bell MTS Place, RBC Convention Centre, University of Winnipeg and Red River College
-
One block west underground concourse and Shops of Winnipeg Square
Directly adjacent to multi-level Garry Street parkade with a total of 358 stalls
Location Highlights:
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Shindico Realty Inc.
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.