Offers as Received. Calling All Developers, Builders & Investors! Exceptional opportunity to own a 35' frontage R1-S property in a high-visibility, high-traffic location on McPhillips Street. The existing home offers 4 bedrooms and 1 full bathroom, making it suitable for immediate occupancy, rental income, or a holding property while planning future development. Recent upgrades include new shingles (2026) and a renovated bathroom (2025). The property does require some TLC, presenting an excellent opportunity to add value. Whether you're looking to establish a professional office, retail space, salon, medical or wellness clinic, consultancy, or explore mixed-use or multi-family development (subject to buyer's due diligence and applicable approvals), the possibilities are extensive. Conveniently located close to shopping, schools, public transit, and major amenities, this is a rare opportunity to secure a versatile property in one of Winnipeg's busiest commercial corridors. Purchasers to conduct their own due diligence regarding zoning, permitted uses, and future development opportunities.