3111 Portage Avenue - 968 to 3,100 SF Retail and Office space for Lease

3111 Portage Avenue Winnipeg, MB R3K 0W4

3111 Portage Avenue, Winnipeg, MB, R3K 0W4, CA
3111 Portage Avenue, Winnipeg, MB, R3K 0W4, CA 3111 Portage Avenue, Winnipeg, MB, R3K 0W4, CA 3111 Portage Avenue, Winnipeg, MB, R3K 0W4, CA 3111 Portage Avenue, Winnipeg, MB, R3K 0W4, CA
Property Type:
Strip Center
Cap Rate:
Last Verified:
Jun 29, 2022

Prime retail and office opportunity on busy Portage Avenue. Two storey professional building with a fully developed office space on the second floor. Ideal for a variety of uses including medical, with busy pharmacy as co-tenant. Blocks away from the Grace Hospital and several other medical related businesses. Surrounded by high density residential neighbourhoods and conveniently located between Moray Street and the Perimeter Highway, servicing west Winnipeg. Features prominent pylon signage, excellent access to public transit and on-site parking for staff and clients. Benefits from great exposure with over 59,500 vehicles per day on Portage Avenue between Sturgeon Road and Cavalier Drive.

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Map of 3111 Portage Avenue, Winnipeg, MB, R3K 0W4, CA

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.