- For Lease $24.00/SF/YR
- Property Type Retail
- Property Size 9,911 SF
- Property Tenancy Multi-Tenant
- Year Built 1974
- Year Renovated 2017
- Date Updated May 14, 2026
Description
121 Osborne Street is a well-established, multi-tenant commercial property located in Winnipeg’s Osborne Village.
The building currently contains 8 units, accommodating a variety of uses, including restaurants, retail shops, and a tattoo studio.
True
1 Space Available
Main Floor Osborne Village Retail For Lease
Retail
$24.00/SF/YR
2,375 SF
$17.36/SF/YR
Main
1
TBD
NNN
C
A well positioned street level restaurant space is coming available at 121 Osborne Street, right in the heart of Osborne Village. Currently home to Spicy Grill, the space sits directly on Osborne with constant daytime traffic and strong nighttime energy from the surrounding bars, restaurants, and entertainment venues.
This stretch of Osborne is one of Winnipeg’s most walkable and active corridors, drawing a steady mix of local residents, office users, students, and late night crowds. The visibility is excellent, the frontage is right on the sidewalk, and the area benefits from built in demand rather than destination dependent traffic.
For an operator looking to plug into an established food and beverage node, this is the kind of location where momentum already exists. Suitable for a restaurant concept that wants exposure, character, and consistent foot traffic throughout the day and into the evening.
Water and Heat are included in the CAM costs but natural gas is separate.
Street-level retail in Osborne Village
Restaurant equipment and appliances can be negotiated
One available parking stall at the rear of the property
Adjacent to newcomers Baby Baby and Shirley's as well as other upcoming high-end restaurants in 2026
Contacts
P3 Realty
Associate, Commercial Sales & Leasing
Location
Located at 121 Osborne Street, Winnipeg, MB R3L 1Y5, this property is part of the Roslyn - McMillan neighborhood.
P3 Realty
Associate, Commercial Sales & Leasing
