Senator Buchanan
FOR SALE
$525,000
PURCHASE PRICE
242 12B Street N, Lethbridge · T1H 2K7
RETAIL · BUILT 1959
MLS A2291919 · 156 DAYS ON MARKET
Interested in this commercial property?
JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.
RE/MAX Complete Realty · Calgary
ABOUT THIS PROPERTY
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.
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
- LEASE PERIOD
- Annually
- LEASE MEASURE
- Square Feet
BUILDING
- TYPE
- Retail
- YEAR BUILT
- 1959
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 6,098
- LOT SIZE (ACRES)
- 0.14
COMMUNITY
- COMMUNITY
- Senator Buchanan
- ZONING
- I-B
- POSTAL CODE
- T1H 2K7
UTILITIES & COSTS
- ANNUAL TAXES
- $9,452