3,405 ft2
Central Air Conditioning
Other
$975,000
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:48985)
Business
|
Business Type
|
Other |
|
Business Sub Type
|
Professional office(s) |
Property Details
|
MLS® Number
|
A2296655 |
|
Property Type
|
Business |
|
Community Name
|
Downtown |
|
Parking Space Total
|
5 |
|
Plan
|
4353s |
Building
|
Constructed Date
|
1907 |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick, Stucco |
|
Fire Protection
|
Smoke Detectors |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Other |
|
Size Exterior
|
3404.75 Sqft |
|
Size Interior
|
3,405 Ft2 |
|
Total Finished Area
|
3404.75 Sqft |
|
Type
|
Offices |
Land
|
Acreage
|
No |
|
Size Irregular
|
3128.00 |
|
Size Total
|
3128 Sqft|0-4,050 Sqft |
|
Size Total Text
|
3128 Sqft|0-4,050 Sqft |
|
Zoning Description
|
Cd |
https://www.realtor.ca/real-estate/29520539/409-5th-street-s-lethbridge-downtown