Property Details

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235 & 231 12B Street N
Lethbridge (A2213587)

$725,000
6,614 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

This unique commercial property is a versatile opportunity to own 5600sf of main floor space made up of a front retail area (which was previously used for office/personal services) PLUS 3225sf of additional rear warehouse space that has been permitted for use as a fitness facility (complete with a 12' overhead door with loading at grade, 16' ceilings, and an accessible bathroom). An additional 1010sf mezzanine at front features a lounge area, a full bathroom with shower plus 3 offices... 2 with great storage closets. There are 3 designated parking spaces at back and access to 20+ FREE street parking spaces at front. Their is Central A/C to the front area and a newer HRV system in the warehouse (installed in 2020). The property is zoned I-B ( Industrial-Business) and is suited for anyone who in the trades/contractors, hardware/building supplies, household repair services, manufacturing, personal services, transportation, warehousing/wholesale. Neighbouring businesses include Canadian Tire, London Drugs, Save-On Food and DynaLife medical labs. Annual condo fees are $3928 which includes reserve fund contributions (for repair/replacement of roof and exterior) and insurance.

Property details

Basic Info

MLS® #
A2213587
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Senator Buchanan
Price
$725,000
Sale/Lease:
For Sale
Size:
6,614 sq.ft.
Year Built:
1958 (67 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Condo/Association Info

Condo Type:
Conventional Condo
Condo Fee:
$327
Condo Fee Includes:
Reserve Fund Contributions, See Remarks

Acreage/Farm Info

Farm Current Use:
Retail,Warehouse

Lot / Land Info

Lot Size:
0.65 acres
Lot Features:
Back Lane, Street Lighting
Zoning:
I-B

Materials & Systems

Roof:
Flat
Foundation:
Slab
Heating:
Combination, Electric, Overhead Heater(s), Forced Air, Natural Gas
Cooling:
Central Air, Partial

Listing Info

Possession:
Negotiable
Days on Market:
1
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Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

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