Property Details

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Featured in:

Winners:

242 12B Street N
Lethbridge (A2291919)

$525,000
3,600 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

The subject property is located in North Lethbridge, close to downtown and easily accessible from 12B Street North, 2 Avenue North, and Stafford Drive North. Neighbouring tenants include a mixed neighbourhood of office, retail, and industrial businesses. This includes Centre Village Mall with anchors Canadian Tire, Save-On-Food, and London Drugs. There are industrial services such as Niels & Gord's Lawn Mower & Small Engine Repair, and Bridge City Doors. Retail businesses in the area also include Play it Again Sports, Color Me Mine, Live Better Cafe, and Cutter Loose Motorsports. This stand-alone industrial and retail building features two units (240 and 242) that are fully demised and separately metered. The site is fully fenced and gated, with two rear parking stalls, a rear entrance, and security cameras at both the front and back entrances. Five unmetered angle-parking stalls are available at the front for customer use. The property has strong visibility along 12B Street North and provides an opportunity for prominent signage. Each unit includes a front showroom, office, washroom, and shop space with a 10’ x 12’ overhead door and unit heaters. Unit 240 also includes a mini make-up-air unit. Unit 242 is currently occupied by the Veterans Association Food Bank and produces stable income. The property is well suited for an owner-user who wishes to operate from one unit while utilizing the other for supplementary revenue or future expansion.

Property details

Basic Info

MLS® #
A2291919
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Senator Buchanan
Price
$525,000
Sale/Lease:
For Sale
Size:
3,600 sq.ft.
Year Built:
1959 (67 years old)

Building Info

Structure Type:
Multi Unit
Garage:
No
Fence:
Basement:
No
Inclusions:
None

Lot / Land Info

Lot Size:
0.14 acres
Legal Land Desc:
6-9-21-W4
Zoning:
I-B

Listing Info

Possession:
Negotiable
Days on Market:
7
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Your Agent

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

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