- For Sale $3,995,000
- Property Type Other
- Year Built 2024
- Date Updated May 15, 2026
Description
1380 Ellice Ave is situated within a cutting-edge development poised to become the “PREMIER RETAIL HUB BETWEEN TORONTO AND CALGARY. “
The property is adjacent to the Plaza at Polo, a sprawling 600,000+ sf project that anchors Winnipeg’s leading retail shopping district. The Polo Park area is home to numerous prominent national retailers, attracting shoppers from across Manitoba.
It is conveniently located near CF Polo Park, Winnipeg’s busiest indoor shopping center, which welcomes 10 million visitors each year. As the largest regional mall in the city, CF Polo Park boasts 1.3MSF of retail space.
The area is surrounded by well-known brands such as Walmart, Costco, Home Depot, Chapters, Save-On Foods and Canadian Tire and there are six major hotels located nearby. In addition to the robust retail scene, a new multifamily residential development is currently in progress.
Plans are in motion to revamp the Polo Park area into a contemporary, mixed-use destination. This transformation will encompass the CF Polo Park, Plaza at Polo and Polo North Developments, ideally located on Portage Ave and St. Matthews Ave stretching between St. James St, Ellice Ave and Empress St.
The approximately 84-acre development will feature numerous multifamily buildings, offering thousands of high-quality residential units. This ambitious project is set to unfold over the next decade, with an investment exceeding $1B.
This presents a unique opportunity to be situated within the most thriving shopping district on the Prairies.
Highlights
- 2024 taxes: $61,644.49
- Abundant natural light
- Asking price: $3,995,000
- Base building to be negotiated which may include installation of lower level windows, HVAC etc
- Elevator
- Excellent onsite parking
- Net rent: $20 psf / annum
- Perfectly suited for retail, showroom, and office use
- Single tenant building
- Total space available: 13,240 sf (main floor 6,946 sf / lower level 6,293 sf)
- Unparalleled high traffic intersection exposure in St. James
- Zoning: C2
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Contacts
Avison Young
Avison Young Commercial Real Estate