JN REAL ESTATE GROUP

NONE

FOR SALE

$597,000

PURCHASE PRICE

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

RETAIL · BUILT 1961

MLS A2300385 · 143 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

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

TRANSACTION

TRANSACTION
For Sale

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
$6,125

LISTING COURTESY OF LORI PETERSEN · FIRST PLACE REALTY

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