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
Address
409 5th Street S
List Price
$975,000
Property Type
Commercial
Type of Dwelling
Office
Transaction Type
Sale
Area
Lethbridge
Sub-Area
Downtown
Lot Size
3128 Sq. Ft.
Year Built
1907
MLS® Number
A2296655
Listing Brokerage
Century 21 Foothills South Real Estate
Postal Code
T1J2B6
Zoning
CD