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250 Portage Ave
Winnipeg, MB R3C 0B1

$6,766 - $10,087 USD/MO

Freestanding For Lease  •  5,855+ SF

Property Details

  • Property Type Freestanding
  • Year Built 1965
  • Total Building Size 21,711 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning M
88 Transit Score
100 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste lower level Office/Retail 5,855 SF $13.87 USD/SF/YR
•	Unique opportunity for users and business operators to own their own real estate which features a high-profile Portage Avenue address, substantial visibility, and the ability to obtain building naming rights; 
Constructed for a financial institution, it was designed by Green Blankstein Russell Architects with 20’+ ceiling height on the main level, second-floor offices over-looking Portage and a fully-functioning lower-level with a Bank Vault. Natural light is abundant due to 3 walls of vertical windows
Excellent exposure for signage and branding along Portage Avenue which features an average traffic count of more than 55,000 vehicles traveling past the property on a daily basis
•	The asset’s prominent position provides easy walking access to The Forks, Portage & Main, BellMTS Place, the RBC Convention Centre, the University of Winnipeg, and the Red River College downtown campus in Winnipeg’s historic Exchange District.
The existing structure is suitable for reconfiguration, uses an open concept layout, floor to ceiling windows, and building design that includes mezzanine potential
•	Suitable for Medical, Research, IT, Boutique Hotel, Retail, Commercial & Residential Condominium development, etc;
•	Ample Parking around the building. Rear exit of the building opens into the Parkade next door, a huge ease & comfort factor in the winter
•	The property is available well below the replacement cost (rising significantly with current market situations), for the construction of same design & quality building; excluding the significant land cost

  • Date available: Now
  • Lease term: 5 - 20 Years
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet
1st Floor Ste main level Office/Retail 7,237 SF $16.72 USD/SF/YR
•	Unique opportunity for users and business operators to own their own real estate which features a high-profile Portage Avenue address, substantial visibility, and the ability to obtain building naming rights; 
Constructed for a financial institution, it was designed by Green Blankstein Russell Architects with 20’+ ceiling height on the main level, second-floor offices over-looking Portage and a fully-functioning lower-level with a Bank Vault. Natural light is abundant due to 3 walls of vertical windows
Excellent exposure for signage and branding along Portage Avenue which features an average traffic count of more than 55,000 vehicles traveling past the property on a daily basis
•	The asset’s prominent position provides easy walking access to The Forks, Portage & Main, BellMTS Place, the RBC Convention Centre, the University of Winnipeg, and the Red River College downtown campus in Winnipeg’s historic Exchange District.
The existing structure is suitable for reconfiguration, uses an open concept layout, floor to ceiling windows, and building design that includes mezzanine potential
•	Suitable for Medical, Research, IT, Boutique Hotel, Retail, Commercial & Residential Condominium development, etc;
•	Ample Parking around the building. Rear exit of the building opens into the Parkade next door, a huge ease & comfort factor in the winter
•	The property is available well below the replacement cost (rising significantly with current market situations), for the construction of same design & quality building; excluding the significant land cost

  • Date available: Now
  • Lease term: 5 - 20 Years
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet
2nd Floor Ste upper level Office/Retail 7,237 SF $13.87 USD/SF/YR
•	Unique opportunity for users and business operators to own their own real estate which features a high-profile Portage Avenue address, substantial visibility, and the ability to obtain building naming rights; 
Constructed for a financial institution, it was designed by Green Blankstein Russell Architects with 20’+ ceiling height on the main level, second-floor offices over-looking Portage and a fully-functioning lower-level with a Bank Vault. Natural light is abundant due to 3 walls of vertical windows
Excellent exposure for signage and branding along Portage Avenue which features an average traffic count of more than 55,000 vehicles traveling past the property on a daily basis
•	The asset’s prominent position provides easy walking access to The Forks, Portage & Main, BellMTS Place, the RBC Convention Centre, the University of Winnipeg, and the Red River College downtown campus in Winnipeg’s historic Exchange District.
The existing structure is suitable for reconfiguration, uses an open concept layout, floor to ceiling windows, and building design that includes mezzanine potential
•	Suitable for Medical, Research, IT, Boutique Hotel, Retail, Commercial & Residential Condominium development, etc;
•	Ample Parking around the building. Rear exit of the building opens into the Parkade next door, a huge ease & comfort factor in the winter
•	The property is available well below the replacement cost (rising significantly with current market situations), for the construction of same design & quality building; excluding the significant land cost

  • Date available: Now
  • Lease term: 5 - 20 Years
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description

Unique opportunity for users and business operators to own
their own real estate which features a high-profile Portage
Avenue address, substantial visibility, and the ability to obtain
building naming rights;
• Constructed for a financial institution, it was designed by
Green Blankstein Russell Architects with 20’+ ceiling height
on the main level, second-floor offices over-looking Portage
and a fully-functioning lower-level with a Bank Vault.
Natural light is abundant due to 3 walls of vertical windows;
• Excellent exposure for signage and branding along Portage
Avenue which features an average traffic count of more than
55,000 vehicles traveling past the property on a daily basis;
• The asset’s prominent position provides easy walking access
to The Forks, Portage & Main, BellMTS Place, the RBC
Convention Centre, the University of Winnipeg, and the Red
River College downtown campus in Winnipeg’s historic
Exchange District.
• The existing structure is suitable for reconfiguration,
uses an open concept layout, floor to ceiling windows, and
building design that includes mezzanine potential;
• Suitable for Medical, Research, IT, Boutique Hotel,
Retail, Commercial & Residential Condominium
development, etc;
• Ample Parking around the building. Rear exit of the
building opens into the Parkade next door, a huge ease
& comfort factor in the winter;
• The property is available well below the replacement cost
(rising significantly with current market situations), for
the construction of same design & quality building;
excluding the significant land cost and;
• Clear of financial encumbrances.

Highlights

Heavy day time foot traffic
Lots of natural light
Open plan with strong structure

Amenities

  • 24 Hour Access
  • Atrium
  • Banking
  • Bus Line
  • Conferencing Facility
  • Corner Lot
  • Courtyard
  • Freeway Visibility
  • Mezzanine
  • Pylon Sign
  • Security System
  • Signage
  • Signalized Intersection
  • Roof Terrace
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Winnipeg (Vancouver - Toronto - VIA Rail, Winnipeg - Churchill - VIA Rail) 3 min 12 min 0.6 mi
AirportDriveWalkDistance
Winnipeg Richardson International 17 min - 7.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 378
Type: Covered
Included in Rent: No
Robert Portage 204-691-1142 250Portage
Robert Portage 204-691-1142 250Portage