JN REAL ESTATE GROUP

NONE

LIST PRICE

$597,000

1 & 2 combined, 204 Centre Street N, Sundre · T0M 1X0

BUILT 1961

MLS A2300385 · 92 DAYS ON MARKET

Interested in this home?

JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.

RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

Motivated seller is offering this well-constructed, fire-resistant cinder brick building comprises approximately 5,334 sq ft of above-grade space and offers a combination of durable construction, functional layout, and future adaptability. The building was originally configured to support two independent commercial units, providing immediate optionality for multi-tenant leasing or strategic reconfiguration. The asset features two rear receiving doors and rear yard access suitable for deliveries and service, enhancing usability across a range of commercial tenant profiles. The current owner is prepared to lease back all or a portion of the building, offering the opportunity for immediate stabilized income with longer-term upside through leasing optimization or space reconfiguration. An owner-operator may occupy approximately half the premises while generating income from the balance, or secure a full lease-back to anchor returns from day one. Located on Sundre’s primary commercial corridor, the property benefits from consistent local demand, established surrounding businesses, and seasonal population inflow. This is a low-vacancy risk asset with multiple execution paths, suitable for investors seeking predictable income today with clear value-add opportunities over time. While the list price is for the building and land with a lease back, the seller will consider any scenarios or requests, including the sale of the business, etc. Private viewings by appointment only. Please do not approach staff.

DETAILS

INTERIOR

FLOORING
Concrete

BUILDING

TYPE
Retail
YEAR BUILT
1961
CONSTRUCTION
Brick · Concrete · See Remarks · Stucco
ROOF
Other

LOT & EXTERIOR

LOT SIZE (SQFT)
9,795
LOT SIZE (ACRES)
0.22
LOT
Back Lane · Low Maintenance Landscape · Private

COMMUNITY

COMMUNITY
NONE
ZONING
C-1
POSTAL CODE
T0M 1X0

UTILITIES & COSTS

UTILITIES
Cable Available · Sewer Available · Water Available
ANNUAL TAXES
$4,170

LISTING COURTESY OF LORI PETERSEN · FIRST PLACE REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.