Property Details

242 12B Street N
Lethbridge (A2291919)

$525,000
3,600 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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.

Property details

Basic Info

MLS® #
A2291919
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Senator Buchanan
Price
$525,000
Sale/Lease:
For Sale
Size:
3,600 sq.ft.
Year Built:
1959 (67 years old)

Building Info

Structure Type:
Multi Unit
Garage:
No
Fence:
Basement:
No
Inclusions:
None

Lot / Land Info

Lot Size:
0 acres
Legal Land Desc:
6-9-21-W4
Zoning:
I-B

Listing Info

Possession:
Negotiable
Days on Market:
127
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Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

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