Investment for Sale

Riverside Court

Thompson, MB

  • Price: $8,950,000
  • Building Area: 155,195 sq. ft.
  • Land Area: 3.56 AC

The offering

Capital Commercial Investment Services has been retained by the Vendor for the purpose of exclusively marketing for sale a 100% interest in Riverside Court, located at 100, 132, 140 & 164 Nickel Road & 41 Copper Road in Thompson, Manitoba (“the Properties”). The Property is in the Riverside neighborhood adjacent to the City Centre Mall and City Hall. The asset is comprised of 95 suites with on-site parking.

investment highlights

  • Well-located asset in proximity to City Centre Mall and the Plaza Shopping Mall
  • Renovated suite interiors superior to other building interiors in the local market
  • Historically low vacancy – Riverside Court has remained stable over the last 12 years averaging below market vacancy
  • Opportunity for excellent yield under current conventional and CMHC mortgage financing environment
  • Ideally located adjacent to retail services and amenities, community centers and natural parks