Live where you work in the heart of Delburne! Situated on two large lots along Main Street, this former Bank of Montreal combines historic character with extensively updated commercial and residential space. Approximately 1,231 sq. ft. of air-conditioned main-floor commercial space which offers a flexible layout, an accessible entrance and the original bank vault. A full basement provides additional storage and workspace.
The beautifully renovated upper residence features two bedrooms plus an office/den, an updated kitchen, spacious living and dining areas, and a sunny balcony. Outside, enjoy a fully fenced backyard, garden space, deck, sunroom and an oversized detached garage. So many updates, including electrical, plumbing and windows, along with 200-amp service, add to the appeal.
Located beside the Village office and close to a medical centre, the pharmacy, the golf course and other amenities, this property offers excellent visibility and convenience, did we mention main street, right in the heart of Delburne, only 25 minutes to Red Deer! Ideal location for a small business. GST is extra on price. Book your showing to explore the possibilities!
Essential information
MLS® number
A2339419
Status
Active
Price
$450,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known, See Remarks
Building area
3,514 sq ft
Lot size
6,500 sq ft
Year built
1917
Structure
Low Rise (2-4 stories)
Listing brokerage
LPT Realty
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Carpet, See Remarks, Vinyl Plank
Features
See Remarks, Separate Entrance, Storage
Included
Fridge, stove, hood fan, microwave, window blinds with exception at veranda, washer & dryer (Commercial kitchen equipment are negotiable but not included)
Exterior and construction
Features
Storage
Construction
Concrete, Wood Frame, Wood Siding
Roof
Asphalt/Gravel, Metal
Foundation
Poured Concrete
Lot features
Back Lane, Corner Lot, Landscaped
Frontage
15.24M 50`0"
Zoning
C1
Parking
Total parking
2
Garage spaces
1
Community
City
Delburne
Province
AB
Postal code
T0M 0V0
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
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27 photos$420,000105, 245 Canal Avenue, Strathmore
