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417 5 Street S, Lethbridge

LCDT, Lethbridge

$1,275,000

About this property

A rare chance to own a fully leased commercial investment property in the heart of downtown Lethbridge. This well-kept multi-tenant building is home to three established long-term tenants, each on triple net leases with renewal options in place — offering strong income stability and minimal landlord responsibility. The property features private off-street parking, excellent visibility, and convenient access to nearby restaurants, shops, and professional services. With consistent cash flow and an attractive downtown location, this property is a low maintenance turnkey investment.

Essential information

MLS® number
A2263674
Status
Active
Price
$1,275,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
7,664 sq ft
Lot size
9,384 sq ft
Year built
1948
Structure
Mixed Use
Listing brokerage
Bankers Commercial Real Estate
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
C-D

Community

Subdivision
LCDT
City
Lethbridge
Province
AB
Postal code
T1J 2B6

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

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The building

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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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