409 5th ST S, Lethbridge, AB T1J2B6
409 5th ST S, Lethbridge, AB T1J2B6
409 5th ST S, Lethbridge, AB T1J2B6
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$975,000
Est. payment /mo
3,404 SqFt
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,404 sqft

Price per Sqft $286

Subdivision Downtown

MLS Listing ID A2296655

Year Built 1907

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Office

Property Description

Excellent opportunity to own a fully renovated three-level commercial building in downtown Lethbridge. Originally built in 1907,this character property features exposed brick and modern upgrades throughout. The building offers 17 private offices,4 workstations,a boardroom,4 bathrooms,client foyer,kitchenette,and rear parking for up to 5 vehicles.

Currently home to approximately 20 businesses,the property provides strong in-place income with gross rental revenue between $110,000–$114,000 annually and potential up to $132,000. Numerous upgrades include HVAC,roof,windows,doors,and full interior renovations.

Centrally located with excellent access and nearby parking,this turnkey investment includes land,building,and business. Financials available to qualified buyers

Location

Province AB

Zoning CD

Direction S

Interior

Heating Natural Gas, Other

Cooling Central Air

Inclusions Fridge and Bar fridge Main

Fireplace No

Exterior

Roof Type Flat Torch Membrane

Total Parking Spaces 5

Garage No

Building

Dwelling Type Office

Foundation Poured Concrete

Others

Restrictions Non-Smoking Building,None Known


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Listed by Century 21 Foothills South Real Estate

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Chris Forsyth

Chris Forsyth

+1(403) 391-8141

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