Property Details

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409 5th Street S
Lethbridge (A2296655)

$975,000
3,405 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

Welcome to Round Street Business Hub 409 5 Street South, Lethbridge, Alberta Step into a piece of Lethbridge history. Originally built in 1907, this beautifully restored commercial building showcases its character with exposed brick walls uncovered during extensive renovations, blending timeless charm with modern functionality. Ideally located in the heart of downtown, directly east of Melcor Tower, this property offers excellent accessibility with ample surrounding parking. This extensively renovated, three-level commercial building features: 17 private offices 4 shared workstations 4 bathrooms A common boardroom Client foyer Kitchenette with coffee/tea/hot chocolate bar Rear paved parking for up to 5 vehicles Currently home to approximately 20 businesses and professionals, the building maintains strong occupancy and provides an excellent environment for entrepreneurs to grow and thrive. Designed by entrepreneurs, for entrepreneurs, the space reflects a deep understanding of the needs and challenges of small business ownership. This is a turnkey investment opportunity offering immediate cash flow, supported by solid financial performance with three years of financials available to qualified buyers. Significant upgrades include newer rooftop HVAC units, roof, windows, doors, flooring, and full interior renovations across all levels. Ownership is committed to ensuring a smooth transition and is willing to assist buyers in understanding the existing marketing and management systems to continue the building’s success. Whether you're looking to expand your business footprint or invest in a proven income-generating property, this is a rare opportunity to own your space while generating revenue from others. Adding to the appeal, the neighboring historic Greyhound Bus Station is currently undergoing a major transformation and is expected to reopen as a vibrant restaurant, bar, and pool hall—bringing even more energy and foot traffic to the area.

Property details

Basic Info

MLS® #
A2296655
Property Type:
Commercial
Subtype:
Office
Subdivision:
Downtown
Price
$975,000
Sale/Lease:
For Sale
Size:
3,405 sq.ft.
Year Built:
1907 (119 years old)

Building Info

Structure Type:
Office
Building Name:
Round Street Business Hub
Garage:
No
Fence:
Basement:
No
Inclusions:
Fridge and Bar fridge Main

Lot / Land Info

Lot Size:
0.07 acres
Legal Land Desc:
31-8-21-W4
Zoning:
CD

Materials & Systems

Roof:
Flat Torch Membrane
Exterior:
Brick,Stucco
Foundation:
Poured Concrete
Heating:
Natural Gas, Other
Cooling:
Central Air

Listing Info

Possession:
30 Days / Neg
Days on Market:
1
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Grassroots Realty Group Ltd.
1-833-477-6687

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