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. Both units are currently occupied by the Veterans Association Food Bank and produces stable income. 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, and Cutter Loose Motorsports.
Essential information
MLS® number
A2291919
Status
Active
Price
$525,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
3,600 sq ft
Lot size
6,098 sq ft
Year built
1959
Structure
Multi Unit
Listing brokerage
AVISON YOUNG
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
I-B
Commercial
Clear ceiling height
12 ft
Community
Subdivision
LCSE
City
Lethbridge
Province
AB
Postal code
T1H 2K7
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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14 photos$420,000227 12B Street N, Lethbridge
