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$ 975,000
Est. payment /mo
Active
409 5th Street S Lethbridge, AB T1J2B6
3,405 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3405
Square Footage 3,405 sqft
Price per Sqft $286
Subdivision Downtown
MLS® Listing ID A2296655
Year Built 1907
Lot Size 3,128 Sqft
Acres 3128.0
Property Sub-Type Freehold
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 (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating , Other
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 5
Private Pool No
Others
Ownership Freehold
Listed by Century 21 Foothills South Real Estate