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Home MB Greater Winnipeg Winnipeg The Maples
1198 Jefferson Avenue
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1198 Jefferson Avenue $1,295,000
$1,295,000
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1198 Jefferson Avenue
Winnipeg, Manitoba R2P0N1

MLS® Number: 684b281ce873f4426af04153

Listing Description

Avison Young is pleased to offer for sale or lease 1198 Jefferson Avenue — a high-exposure commercial property positioned at a controlled 3-way intersection in northwest Winnipeg. This opportunity is well suited for owner-users, investors, or tenants seeking presence in a strong neighbourhood retail node.\n\nThe site features approximately 5,797 sf of building area on 20,643 sf of land, with 25± parking stalls and excellent visibility from multiple approaches. Current tenancies include a sushi restaurant and a hair salon. Two units are currently vacant, including the largest space — approximately 2,000 sf — previously occupied by a national convenience retailer, offering excellent frontage and retail viability.\n\nSurrounded by established residential neighbourhoods and multi-family housing, and located near Maples Collegiate, this location benefits from consistent foot and vehicle traffic throughout the day and week. The property is ideal for a variety of uses, from medical to food service, and offers immediate upside through lease-up or owner occupancy.\n\nWhile available for lease, the property is being actively marketed for sale and represents a strong investment opportunity with value-add potential through repositioning.\n\nOffered at $1,295,000\nNet rates: Unit 1200 - $26 psf / Unit 844 - $18 psf\nOffers to be received before 4PM, June 23rd, 2025 (684281873471064797)

Property Summary

Property Type
Retail
Land Size
0.4739 ac
Time on REALTOR.ca
15 days

Building

Building Features
Construction Status
Complete
Total Buildings
1
Utilities
Utility Sewer
Sanitary sewer
Business
Business Name
Investment Opportunity - Offers to be received before 4PM, June 23rd, 2025

Measurements

Exterior Building Size
5797 sqft

Land

Other Property Information
Zoning Description
C2
Data provided by: Winnipeg Regional Real Estate Board 1240 Portage Avenue, Winnipeg, Manitoba R3G 0T6
204-560-1500
204-594-9408
Book showing
Jamie McPetrie